3D Systems (DDD) Stock

ROCK HILL, S.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today that management will participate in the 27th Annual Needham Growth Conference on January 14, 2025.

We have just released a list of the 12 Best Technology Penny Stocks to Buy, based on hedge fund recommendations. In this article, we will examine how 3D Systems Corporation (NYSE:DDD) compares to other top technology penny stocks favored by hedge funds. The Russell 2000, which is a key index for small-cap stocks, has a long history of...

3D Systems (DDD) reported earnings 30 days ago. What's next for the stock?

3D Systems (DDD 16.32%) stock is making big gains in Thursday's trading. The company's share price was up 15.4% as of 11:15 a.m.

STOCKHOLM , Dec. 12, 2024 /PRNewswire/ -- Hexagon today announced the acquisition of 3D Systems' Geomagic suite of interoperable software packages, which are used to create high quality 3D models from multiple sources, including laser scanning. The Geomagic suite, which includes products such as Design X, Control X, Freeform and Wrap, is capable of automating the processing of 3D scan data to build digital models from physical objects, which can then be used to generate history based parametric CAD models for use in product manufacturing.

ROCK HILL, S.C., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Following a strategic review of the Company's software investment strategy, 3D Systems (NYSE:DDD) today announced that it has signed a definitive agreement to sell its Geomagic software portfolio to the Manufacturing Intelligence Division of Hexagon, a global leader in digital reality solutions, combining sensor, software, and autonomous technologies, for $123 million. The transaction is expected to close in the first half of 2025, following the completion of customary regulatory reviews. The Geomagic product portfolio is a powerful, proven integrated software tool kit that includes Design X, Control X, Freeform, Wrap, and Geomagic for SolidWorks. The Geomagic portfolio has built a strong user base in, among other things, the market for creating digital models from physical objects that can then be used to manufacture the finished component. This process, commonly known as ‘reverse engineering,' automates the processing of scan data captured with a 3D scanner to create accurate CAD models. Certain Geomagic products can also be used to design from scratch or modify existing models and to accurately measure and inspect parts for quality control purposes when finished. As a leader in scanning technologies, Hexagon is ideally positioned to harness the power of the Geomagic portfolio to offer a more complete scan-to-CAD workflow, to bridge the physical and digital worlds.

DDD's printing potential bodes well. However, declining revenues and soft demand due to macroeconomic challenges cloud its outlook.

3D Systems (DDD -13.49%) is not heading into the Thanksgiving holiday on a high note. The 3D printing specialist reported its latest set of quarterly results; as these missed on both the top and bottom lines, the market reacted negatively.

ROCK HILL, S.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the third quarter ended September 30, 2024.