3D Systems misses Q3 revenue estimates

Reuters11-05
3D Systems misses Q3 revenue estimates

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

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(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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