3D Systems (NYSE: DDD) stock fell more than 6% in pre-market trading on Thursday after the company reported lower-than-expected fourth-quarter earnings and issued a downbeat 2025 outlook.
The 3D printing company posted an adjusted loss of $0.19 per share, falling short of the consensus estimate of a loss of $0.10 per share. Revenue for the quarter was $111 million, below the expected $115.6 million, marking a 3% decline compared to the same period last year.
Adding to investor concerns, 3D Systems also slashed its full-year 2025 outlook. The company now expects revenue between $420 million and $435 million, significantly below analysts’ expectations of $462.4 million.
Despite these disappointing results, CEO Dr. Jeffrey Graves highlighted a positive trend in industrial printer systems and global services sales in Q4, calling it a bright spot in an otherwise challenging year. As he explained:
“While 2024 was a challenging year for sales, reflecting weak customer capex spending on new manufacturing plant capacity through the first three quarters, we were pleased to see a healthy uptick in the sale of new industrial printer systems and global services in the fourth quarter.”
Breaking down its business segments, 3D Systems reported a 21% decline in revenue from its Healthcare Solutions division, which brought in $40.4 million. In contrast, the Industrial Solutions division saw an 11% increase, generating $70.7 million.
In addition, the company announced a new cost reduction initiative aimed at delivering over $50 million in incremental savings annually. These measures are expected to take effect throughout 2025 and into the first half of 2026. 3D Systems also set a goal of achieving break-even or better adjusted EBITDA performance by the fourth quarter of 2025.
As of December 31, 2024, 3D Systems (NYSE: DDD) reported cash and cash equivalents of $171.3 million, down from $331.5 million a year earlier. To further strengthen its balance sheet, the company plans to sell its Geomagic software platform for $123 million, with the deal expected to close in early April.
Salman Akhtar is a finance, stocks, and technology journalist with years of experience across various news organizations. He has contributed his expertise to outlets such as 24NewsHD, TrimFeed, The Voice Pakistan, and TheTechBasic. Salman is passionate about making complex topics accessible to a broad audience. His dedication to delivering accurate and timely information has established him as a trusted voice in the industry. Read Full Bio
