Can Innovation Revive 3D Systems’ Slumping Shares?

As 3D Systems’ stock continues its prolonged decline, the pioneering 3D printing company is placing substantial bets on industrial technology breakthroughs. With shares down approximately 40% year-to-date and trading about 60% below their 52-week peak, investors are questioning whether new product announcements can reverse the negative momentum.

The company’s recent quarterly results revealed a complex financial landscape. While 3D Systems exceeded profit expectations, it fell short of revenue projections. The $91.25 million in quarterly sales reflected stagnant growth, particularly within the dental segment where major clients have reduced investment spending.

On a positive note, management is implementing cost reduction measures targeting $50 million in annual savings while working toward positive cash flow Read more...