3D Systems (NYSE:DDD) saw its shares drop over 15% intra-day today as the company reported a disappointing fourth quarter and issued a 2025 outlook that fell well short of expectations.
The 3D printing firm posted an adjusted loss of $0.19 per share, deeper than the $0.10 loss analysts had forecast, while revenue declined 3% year-over-year to $111 million, missing the $115.6 million consensus.
Looking ahead, 3D Systems expects full-year 2025 revenue between $420 million and $435 million, a guidance range that is significantly below the $462.4 million projected by analysts, fueling investor concern over the company’s growth trajectory.
The results reflect continued pressure on capital spending across its customer base, particularly in the Healthcare Solutions segment, which saw sales decline 21% to $40.4 million. Meanwhile, the Industrial Solutions division delivered an 11% increase, reaching $70.7 million, providing a modest offset.
In response to ongoing financial challenges, the company announced a cost-cutting initiative targeting over $50 million in annualized savings, with reductions to be implemented through the remainder of 2025 and into the first half of 2026. Management aims to reach break-even adjusted EBITDA by the fourth quarter of next year, positioning the company for improved profitability despite top-line headwinds.