NEW YORK, NY / ACCESS Newswire / May 30, 2025 / Pomerantz LLP is investigating claims on behalf of investors of 3D Systems Corporation ("3D Systems" or the "Company") (NYSE:DDD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether 3D Systems and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On March 26, 2025, 3D Systems issued a press release announcing its financial results for the fourth quarter and full year 2024. Among other items, 3D Systems reported weak results for the quarter, which missed consensus estimates for sales, operating income, and earnings. 3D Systems also reported a 21% drop in Healthcare revenue, largely tied to a change in accounting in its Regenerative Medicine program.
On this news, 3D Systems’ stock price fell $0.57 per share, or 20.96%, to close at $2.15 per share on March 27, 2025.
Then, on May 12, 2025, 3D Systems issued a press release reporting its financial results for the first quarter of 2025. Among other items, 3D Systems reported revenue of $94.5 million, missing consensus estimates by $5 million and representing an 8% year-over-year decline. The Company attributed its disappointing results to a decline in material sales, mostly due to inventory management issues in the dental aligner segment. 3D Systems also withdrew its full-year outlook, citing prolonged softness in customer capital spending and macroeconomic uncertainty.
On this news, 3D Systems’ stock price fell $0.68 per share, or 26.67%, to close at $1.87 per share on May 13, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP
View the original press release on ACCESS Newswire
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