$DDD (3D Systems Corporation)

$DDD {{ '2016-03-14T12:57:56+0000' | timeago}} • Webcast

$DDD said for the full year 2015 it reported revenue of $666.2MM, which was an increase of 2% over 2014. The company reported a GAAP loss of $655.5MM or a loss of $5.85 per share. Non-GAAP OpEx rose 33% to $280.5MM for 2015, resulting in non-GAAP earnings of $30MM or $0.27 per share.

$DDD {{ '2017-06-08T14:55:28+0000' | timeago}} • Announcement

$DDD appointed John Tracy to its BoD. Dr Tracy most recently served as CTO and SVP, Engineering, Operations and Technology at $BA.

$DDD {{ '2017-04-26T16:25:55+0000' | timeago}} • Announcement

$DDD and $UTHR announced plans to develop solid-organ scaffolds for human transplants. The multi-year collaboration and development agreement combines the 3D printing and precision healthcare expertise of $DDD with the regenerative medicine and organ manufacturing capabilities of $UTHR.

$DDD {{ '2017-04-26T16:10:57+0000' | timeago}} • Announcement

$DDD and $UTHR will jointly develop solid-organ scaffolds for human transplants. The multi-year collaboration and development agreement combines 3D printing and precision healthcare expertise of 3D Systems with the regenerative medicine and organ manufacturing capabilities of United Therapeutics.

$DDD {{ '2017-03-29T15:22:11+0000' | timeago}} • Announcement

$DDD has added two new members, Charles G. McClure, Jr. and Jeffrey Wadsworth, to its Board of Directors. Mr. McClure currently sits on the Boards of DTE Energy and Penske Corporation. Dr. Wadsworth currently serves on the board of directors of Carpenter Technologies and on the board of trustees at The Ohio State University.

$DDD {{ '2017-03-10T17:26:56+0000' | timeago}} • Announcement

$DDD bought dental lab material supplier Vertex-Global Holding B.V., the owner of Vertex and NextDent brands, for undisclosed terms. 3D Systems expects this acquisition to be immediately accretive to its non-GAAP EPS and cash generation.

$DDD {{ '2017-02-28T13:57:01+0000' | timeago}} • Announcement

$DDD expects 2017 revenue growth of 2-8% resulting in a revenue range of $643-684MM. $DDD sees 2017 EPS of $0.02-0.06 and non-GAAP EPS of $0.51-0.55. The company predicts to continue to generate positive cash flow from operations in 2017.

$DDD {{ '2017-02-28T13:52:47+0000' | timeago}} • Announcement

$DDD swung to a 4Q16 profit from a loss in 4Q15, on last year's inclusion of $537MM of impairment charges of goodwill and other intangible assets. Net income was $5.23MM or $0.05 per share compared to a loss of $596.37MM or $5.32 per share a year ago. Revenue fell to $165.94MM from $183.36MM. Non-GAAP EPS declined to $0.15 from $0.19.

$DDD {{ '2017-01-31T16:16:27+0000' | timeago}} • Announcement

$DDD acquired Vertex-Global Holding. Rik Jacobs, formerly CEO of NextDent & Vertex Dental, will join $DDD and lead the company's worldwide dental business. Connie Peterse-van der Koppel, formerly Chief Development & Regulatory Officer of NextDent & Vertex Dental, will lead $DDD's dental development and regulatory efforts.

$DDD {{ '2017-01-31T16:15:32+0000' | timeago}} • Announcement

$DDD acquired Vertex-Global Holding, a provider of dental materials worldwide under the Vertex and NextDent brands. $DDD will continue to offer Vertex Dental and NextDent's existing portfolios. $DDD expects this acquisition to be immediately accretive to its non-GAAP EPS and cash generation.

$DDD {{ '2016-11-03T17:12:57+0000' | timeago}} • Announcement

$DDD's gross profit margin for 3Q16 was 44.1%. This was negatively impacted by non-recurring charges related to prioritizing products and resources, consistent with its recently announced strategy. Excluding these charges, gross profit margin for 3Q16 was 51%.

$DDD {{ '2016-11-03T17:10:38+0000' | timeago}} • Announcement

$DDD reported net loss for 3Q16 of $21.21MM or $0.19 per share, narrower than $32.25MM or $0.29 per share in the previous year quarter. Revenue grew to $156.36MM from $151.57MM. Non-GAAP EPS increased to $0.14 from $0.01.

$DDD {{ '2016-11-03T17:08:49+0000' | timeago}} • Announcement

3D printers maker $DDD reported a narrower 3Q16 loss as higher sales and materials into production applications as well as strong demand for software and healthcare solutions drove revenue higher by 3%. CEO Vyomesh Joshi said $DDD believes strong demand is indicative of growth potential and market opportunities.

$DDD {{ '2016-06-16T14:14:31+0000' | timeago}} • Announcement

$DDD said it appointed John McMullen as CFO and EVP, effective July 1. Elected by the BoD and reporting to President and CEO Vyomesh Joshi, McMullen succeeds David Styka in the CFO role. Styka will remain with the company to provide operational and financial support to Management. Most recently, McMullen serving as EVP and CFO of $KODK.

$DDD {{ '2016-06-15T22:05:20+0000' | timeago}} • Announcement

3D products and services provider $DDD said John N. McMullen will join the company as EVP and CFO, effective July 1, 2016. McMullen succeeds David Styka in the CFO role and will be reporting to President & CEO Vyomesh Joshi. Styka will remain with the company to provide operational and financial support to management.

$DDD {{ '2016-06-07T16:06:24+0000' | timeago}} • Announcement

$DDD said no new compensatory or severance arrangements have been entered into in connection with either Mark Wright's separation or Cathy Lewis' separation, as of June 6. The material terms of such arrangements will be disclosed in a subsequent filing.

$DDD {{ '2016-06-07T16:04:28+0000' | timeago}} • Announcement

$DDD said it and Mark Wright has agreed that Wright will resign from his position as the EVP and COO of the company, effective as of the close of business on June 17. Cathy Lewis has agreed with $DDD that Lewis will resign from her position as EVP and CMO of the company, effective June 10.

$DDD {{ '2016-06-06T13:29:56+0000' | timeago}} • Announcement

$DDD said a jury in the District Court of Hawaii has rendered a complete defense verdict in its favor in a lawsuit related to the company's acquisition of certain website domains in 2011. The jury also found in $DDD's favor on its counterclaim.

$DDD {{ '2016-04-04T13:05:01+0000' | timeago}} • Announcement

Provider of comprehensive 3D products and services $DDD said that it has appointed Vyomesh Joshi (VJ) as President and CEO, effective immediately. Mr. Joshi succeeds Interim-President and CEO Andy Johnson, who will continue as the company's Executive Vice President and Chief Legal Officer.

$DDD {{ '2016-03-14T13:15:44+0000' | timeago}} • Webcast

$DDD said it expects a 42% reduction in amortization expense to $35.1MM in 2016. The company is currently in the process of closing the Andover and Langhorne facilities in the US, consolidating these locations into Rock Hill, Tulsa, Wilsonville. $DDD exited 2015 with $155.16MM of cash on hand and $105.9MM in inventory.

$DDD {{ '2016-03-14T13:07:43+0000' | timeago}} • Webcast

$DDD, which competes with $XONE and $VJET, said 4Q15 revenue from the Americas increased 7%, EMEA increased 2% and APAC decreased 13%. Revenue in global markets was negatively impacted by lower printer sales and foreign currency rates.

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