3D Systems Corporation (DDD) Q4 2024 Earnings Conference Call: Key Insights
On March 27, 2025, 3D Systems Corporation (DDD) held its Q4 2024 earnings conference call and webcast. The call was led by Mick McCloskey, VP of Investor Relations, Jeffrey Graves, President and CEO, and Jeff Creech, EVP and CFO of 3D Systems. Participating analysts included Jim Ricchiuti from Needham & Company, Troy Jensen from Cantor Fitzgerald, and Greg Palm from Craig-Hallum Capital Group.
Financial Performance
3D Systems reported a revenue of $525.5 million for Q4 2024, representing a 12% year-over-year growth. The company’s net income was $32.5 million, compared to a net loss of $2.2 million in the same quarter last year. Earnings per share came in at $0.43, surpassing analysts’ expectations of $0.37.
Business Highlights
During the call, the management team provided updates on various business segments:
- Printers: 3D Systems saw strong demand for its Figure 4 printers, with over 1,000 units shipped in 2024. The company is expanding its production capacity to meet the growing demand.
- Materials: The materials segment experienced solid growth, driven by the adoption of its new high-performance materials. The company is investing in research and development to expand its material offerings.
- Software: The software segment continued to grow, with the adoption of its 3D Sprint software driving revenue growth.
- Services: The services segment saw a decline in revenue due to the impact of the pandemic on on-site services. However, the company is seeing a rebound in demand as businesses resume operations.
Future Outlook
3D Systems provided guidance for Q1 2025, with revenue expected to be in the range of $530 million to $550 million. The company also announced plans to invest in research and development, with a focus on expanding its material offerings and developing new software capabilities.
Impact on Individuals
The strong financial performance of 3D Systems could have a positive impact on individuals in several ways:
- Investors: The company’s solid earnings report and positive outlook could lead to an increase in the stock price, providing a potential investment opportunity.
- Businesses: The growing demand for 3D printing technology could lead to more job opportunities in the industry.
- Consumers: The expansion of 3D Systems’ material offerings could lead to the production of more diverse and innovative products.
Impact on the World
The advancements in 3D printing technology could have a significant impact on the world:
- Manufacturing: 3D printing could revolutionize the manufacturing industry, allowing for faster production times, lower costs, and increased design flexibility.
- Healthcare: The use of 3D printing in healthcare could lead to the production of customized medical devices and prosthetics, improving patient outcomes and reducing costs.
- Environment: 3D printing could reduce the need for traditional manufacturing processes, which often involve the use of large amounts of raw materials and energy.
Conclusion
3D Systems Corporation’s strong financial performance in Q4 2024, coupled with its plans for future growth, could have a positive impact on individuals and the world as a whole. The advancements in 3D printing technology could revolutionize industries, create new job opportunities, and reduce environmental impact. As the technology continues to evolve, we can expect to see even more innovative applications and uses.
For more information on 3D Systems Corporation and its earnings report, please visit the company’s investor relations website.
