The latest update is out from 3D Systems ( (DDD) ).
On March 26, 2025, 3D Systems announced the next phase of its cost savings and restructuring initiative, aiming to achieve $50 million in annualized savings by mid-2026. The company reported a revenue of $440 million for 2024, with a focus on new product launches and operational efficiency to drive future growth. Despite a challenging year, 3D Systems plans to enhance its market position through strategic cost reductions and innovation, anticipating improved EBITDA performance by the end of 2025.
More about 3D Systems
3D Systems Corporation operates in the additive manufacturing industry, providing advanced 3D printing solutions for both industrial and healthcare markets. The company is known for its metal and polymer additive manufacturing technology and has a significant focus on research and development to drive innovation in areas such as dental solutions and spare parts management.
YTD Price Performance: -14.38%
Average Trading Volume: 2,683,422
Technical Sentiment Signal: Strong Buy
Current Market Cap: $371.6M
For a thorough assessment of DDD stock, go to TipRanks’ Stock Analysis page.