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DDD — 3D Systems News Story

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3D Systems Q2 revenue misses expectations

Overview

3D Systems Q2 revenue declines 16% year-over-year, missing analyst expectations

Net income rises significantly due to gains from asset sales and debt extinguishment

Adjusted EBITDA improves, driven by cost reductions

Outlook

Company anticipates continued impact of tariffs on operating costs

3D Systems expects growth in medical markets to continue

Company projects future growth in Aerospace & Defense market

3D Systems aims for positive cash flow by 2026

Result Drivers

MEDICAL TECHNOLOGY - Double-digit growth in Medical Technology market driven by orthopedic procedures and expansion into trauma-related surgeries

AEROSPACE & DEFENSE - Strong demand in Aerospace & Defense sector, with revenues up 84% year-over-year

COST SAVINGS - Over $20 mln saved in operating expenses through cost reduction and efficiency programs

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMiss$94.80 mln$95.70 mln (4 Analysts)
Q2 Adjusted EPS-$0.07
Q2 EPS$0.57
Q2 Net Income$104.40 mln
Q2 Adjusted EBITDA-$5.30 mln-$13.70 mln (3 Analysts)
Q2 Gross Margin38.1%
Q2 Adjusted Gross Margin39.2%
Q2 Operating Income-$15.40 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 $2.00, about 11% above its August 8 closing price of $1.78 Press Release: ID:nGNX9vjVk0 (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.)

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