3D Systems Q3 revenue beats estimates on printer and parts manufacturing sales

Overview

• 3D printing firm's Q3 revenue rose 9% yr/yr, beating analyst expectations

• Q3 adjusted EBITDA turned positive and beat analyst expectations

• Revenue growth driven by new printer, parts manufacturing, and dental materials sales

Outlook

• 3D Systems sees Q4 revenue between $100 mln and $103 mln

• Company expects Q4 adjusted EBITDA between ($2) mln and $0 mln

• Company expects full-year 2026 revenue growth approaching mid-single digits

Result Drivers

• PRINTER AND PARTS SALES - Double-digit growth in new printer and parts manufacturing sales helped drive Q3 revenue, per company

• DENTAL MATERIALS - More than 20% growth in dental materials sales contributed to higher healthcare revenue

• GROSS MARGIN EXPANSION - Higher sales volumes and absence of prior-year costs led to improved gross profit margin

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "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 $5.50, about 101.5% above its November 3 closing price of $2.73

Reuters Recommended Reads

• Nov 2 - Lattice Semiconductor Q3 revenue more than doubles on AI-driven FPGA demand, AMI acquisition

• Nov 2 - Swedish 3D printer maker Freemelt's prelim Q3 sales fall

• Nov 2 - Advanced Energy Q3 revenue beats on record semiconductor and data center computing sales

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)