3-D Sys Corp Del Stock Price, News & Analysis

3D Systems announced the launch of the SLA 750 stereolithography printing solution, the first synchronous dual-laser SLA printer, aimed at high-volume production applications. The SLA 750 and SLA 750 Dual offer up to 2X faster print speeds and 3X throughput compared to previous models. This new platform also features Accura AMX Durable Natural material for enhanced mechanical performance and the PostCure 1050 post-processing system for faster curing. Integrated with Oqton Manufacturing OS, this solution enhances manufacturing efficiency across various industries, including automotive and aerospace.

3D Systems (DDD) has formed a joint venture with Saudi Arabian Industrial Investments Company (Dussur) to promote additive manufacturing in Saudi Arabia, aligning with the Kingdom's 'Vision 2030' for economic diversification. Announced on March 29, 2022, the partnership aims to develop local production capabilities in various sectors, initially focusing on energy. A new Center for Innovation and Additive Manufacturing is expected to open in late 2022, creating opportunities for local manufacturing and green energy solutions, bolstering the region's logistical hub position.

3D Systems (NYSE:DDD) has partnered with Enhatch to enhance the design and delivery of patient-specific medical devices. This collaboration aims to automate surgical workflows using artificial intelligence, improving efficiency and cost-effectiveness. The Intelligent Surgery Ecosystem developed by Enhatch will streamline patient-specific processes, integrating with 3D Systems' existing capabilities in surgical planning. The partnership supports the growing demand for personalized medical solutions, potentially leading to better patient outcomes and reduced procedure times.

3D Systems Corporation (NYSE: DDD) reported Q4 2021 revenue of $150.9 million, a 12.6% decline from Q4 2020, attributed to divestitures. However, adjusted for these divestitures, revenue rose 13.1%. The full-year revenue reached $615.6 million, a 10.5% year-over-year increase. GAAP loss per share was $0.05, while non-GAAP income per share was $0.09. The company announced plans to acquire Titan Robotics and Kumovis, enhancing their technology suite. 2022 revenue guidance is set between $570 million and $630 million, with non-GAAP gross margins expected to be 40%-44%.

3D Systems has announced the acquisition of Kumovis, a Munich-based company specializing in additive manufacturing for personalized healthcare solutions. This acquisition enhances 3D Systems' capabilities in 3D printing medical devices using high-performance polymers like PEEK, which are ideal for implants and surgical tools. The transaction is expected to close in April 2022 and will expand 3D Systems' market for personalized healthcare applications. Regulatory clearance for the technology is anticipated within the year, promising improved patient outcomes through tailored solutions.

3D Systems (NYSE: DDD) announced the acquisition of Titan Additive LLC, a leader in large-format industrial 3D printing. This purchase aims to enhance 3D Systems' polymer technology portfolio and unlock new market opportunities across various sectors including aerospace, automotive, and consumer goods. Titan's unique extrusion technology offers modular designs with both filament and pellet capabilities, promising lower production costs and higher performance. The transaction is expected to close in April 2022, with further insights to be shared during the upcoming earnings call on February 28, 2022.

3D Systems and Saremco Dental AG have formed a strategic partnership to enhance digital dentistry through the introduction of CROWNTEC™ material in the U.S. This new composite resin is 30% stronger than previous crown & bridge materials and enables the production of biocompatible crowns and restorations using 3D Systems' NextDent® 5100 digital dentistry solution. CROWNTEC is CE-marked and has received 510(k) clearance, available in various shades to ensure natural aesthetics. This collaboration aims to improve efficiency and patient outcomes in dental labs and clinics.

3D Systems (NYSE:DDD) will release its financial results for Q4 and full year 2021 on February 28, 2022, after U.S. markets close. A conference call and webcast will take place the same day at 4:30 p.m. Eastern Time to discuss these results. The company will also file its Form 10-K on March 1, 2022. 3D Systems is a leader in Additive Manufacturing with over 30 years of innovation, offering a range of solutions for sectors like healthcare, aerospace, and automotive.

3D Systems (NYSE:DDD) will present virtually at the 24th Annual Needham Virtual Growth Conference on January 12, 2022, at 10:45 a.m. ET. Investors can access the live webcast in the 'Events and Presentations' section of the company’s website, where it will also be available for replay for at least 30 days post-event. The press release includes forward-looking statements with associated risks and uncertainties that may impact future performance. 3D Systems continues to be a leader in additive manufacturing, offering innovative solutions across healthcare and industrial markets.