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• Revenue: $95 million, a decline of 8% from the prior year.

• Industrial Solutions Revenue: $53 million, a 7% decline driven by material sales shortfall.

• Healthcare Solutions Revenue: $41 million, a 9% decrease with growth in services offset by declines in materials.

• Gross Profit Margin: 35%, down from 40% in the prior year.

• Non-GAAP Operating Expense: $61.6 million, a $5 million improvement from the prior year.

• Adjusted EBITDA: Negative $23.9 million, a $4 million decline from the prior year.

• Non-GAAP Loss Per Share: $0.21, compared to a loss of $0.17 in the prior year.

• Cash and Cash Equivalents: $135 million at the end of the quarter, with a post-divestiture increase to approximately $250 million.

• Cost Savings Initiatives: $70 million total expected savings, including $20 million incremental savings for 2025.

• Geomagic Sale Proceeds: Increased cash by nearly $120 million.

• Warning! GuruFocus has detected 6 Warning Signs with DDD.

Release Date: May 13, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• 3D Systems Corp (NYSE:DDD) has completed a comprehensive refresh of its polymer and metal product lines, positioning itself with industry-leading printing solutions.

• The company has maintained a high level of R&D investment, over 20% of revenue, which is higher than its competitors, indicating a strong focus on innovation.

• 3D Systems Corp (NYSE:DDD) has successfully insourced its manufacturing operations, which is expected to enhance quality control and reduce costs.

• The company's personalized healthcare and medical parts manufacturing businesses grew revenues by 18% and 17%, respectively, year-over-year.

• 3D Systems Corp (NYSE:DDD) has a strong cash position following the sale of its Geomagic asset portfolio, providing financial flexibility for future strategic initiatives.

Negative Points

• The company is experiencing weak sales due to a freeze in customer capital spending, largely driven by tariff uncertainties.

• 3D Systems Corp (NYSE:DDD) reported a decline in consolidated revenues by 8% year-over-year, with significant declines in materials sales.

• Non-GAAP gross profit margin decreased from 40% to 35% year-over-year, primarily due to lower volumes and unfavorable price and mix.

• The company has withdrawn its full-year guidance for 2025 due to ongoing economic and geopolitical instabilities and tariff uncertainties.

• 3D Systems Corp (NYSE:DDD) is implementing cost reduction initiatives, including a $70 million cost-saving plan, which may impact growth if not managed carefully.