3D Systems misses Q3 revenue estimates

3D Systems

04/11/2025 21:46

Overview

3D Systems Q3 revenue declines 19% yr/yr, missing analyst expectations

Adjusted EBITDA for Q3 misses analyst estimates, reflecting ongoing financial challenges

Company anticipates 8% to 10% sequential revenue growth in Q4 2025

Outlook

3D Systems expects Q4 revenue growth of 8% to 10% sequentially

Company anticipates stable gross margins in Q4 despite tariff headwinds

Healthcare and industrial markets expected to drive Q4 sales increase

Result Drivers

HARDWARE SALES - Sequential growth in hardware printer sales contributed to Q3 revenue

MEDICAL TECHNOLOGY - Strong year-over-year growth in Medical Technology supported Q3 revenue

COST REDUCTION - Decreased operating expenses due to cost reduction initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$91.2 mln
$93 mln (4 Analysts)
Q3 Net Income
-$18.1 mln
Q3 Adjusted EBITDA
Miss
-$10.8 mln
-$8.17 mln (3 Analysts)
Q3 Gross Margin
32.3%
Q3 Adjusted Gross Margin
32.5%
Q3 Operating Income
-$21.3 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy."

Wall Street's median 12-month price target for 3D Systems Corp is $3.25, about 15.1% above its November 3 closing price of $2.76

Press Release: ID:nGNXb6pgSt

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)