2023 earnings
BICO’s Revival: A Fresh Era with Maria Forss at the Helm
Swedish biotech company BICO (STO: BICO) has been making waves in the industry recently. Ever since Maria Forss assumed the role of CEO in November 2023, the company seems to…
3D Printing Financials: voxeljet Reveals Mixed Q3 Earnings, Aims for Break-Even EBITDA in 2025
One of the latest 3D printing companies to report its financial performance is voxeljet (Nasdaq: VJET). The German-based manufacturer reported an uptick in revenue, a significant improvement in net loss,…
3D Printing Financials: Shapeways Reports Q3 Net Losses, Unveils Restructuring Strategies in Pursuit of Profitability
Shapeways (Nasdaq: SHPW) has shared its financial outcomes for the third quarter of 2023. This period was marked by a mix of steady progress and some challenges. While the company…
3D Printing Financials: Stratasys Navigates Through Economic Uncertainty, Steady Profits and Revenue
Stratasys (Nasdaq: SSYS) unveiled its financial results for the third quarter of 2023, revealing a mixed scenario amid a backdrop of significant merger and acquisition (M&A) activities with Nano Dimension…
3D Printing Financials: Markforged’s Q3 Earnings Drop Spurs Workforce Reduction and Restructuring
Markforged (NYSE: MKFG) revealed its financial results for the third quarter of 2023, facing a challenging economic landscape that significantly impacted its performance. This period was marked by a pronounced…
3D Printing Financials: Desktop Metal Navigates Stratasys Deal Aftermath with Hopes for Year-End Rebound
Desktop Metal (NYSE: DM) revealed its financial performance for the third quarter of 2023, summing up the hurdles and headways made during this period. Like many other companies in the…
Xometry Taps Google Cloud for AI Boost and Sees Q3 Growth
Xometry‘s (Nasdaq: XMTR) announcement of its strategic partnership with Google Cloud, a key division of Alphabet, aims to accelerate the digitization of manufacturing globally, marking an essential step in the…
3D Printing Financials: 3D Systems Undertakes Restructuring Amid Mixed Q3 Earnings
Just as 3D Systems (NYSE: DDD) had anticipated in its preliminary results last October, the company has unveiled its financial performance for the third quarter ending on September 30, 2023….
3D Printing Financials: Proto Labs Outperforms in Q3 with Strong 3D Printing Growth
Proto Labs (NYSE: PRLB) announced a strong performance in its third-quarter earnings, with its revenue hitting an all-time high of $130.7 million. Particularly noteworthy is the exponential 87% year-over-year increase…
3D Printing Financials: Velo3D Navigates Q3 Challenges; Secures Key European Manufacturing Partner
Velo3D (NYSE: VLD) reported a mixed financial outcome for the third quarter of 2023. Citing a strategic realignment to improve operational efficiency and cash flow, the company missed earnings expectations….
3D Printing Financials: Materialise Releases Q3 Earnings Amid CEO Handover
As Materialise (Nasdaq: MTLS) transitions to new leadership, its third-quarter 2023 earnings set a promising tone for the incoming era. After three decades at the helm, Wilfried Vancraen is set…
3D Printing Financials: 3D Systems Restructuring to Save ~$50M by Q4 2024
In a year defined by wrestling for acquisition supremacy in the 3D printing universe, 3D Systems (NYSE: DDD) has just unveiled its next move: a restructuring initiative to streamline operations…
China’s BLT Metal 3D Printing Sales up Almost 60% YOY
Xi’an Bright Laser Technologies (BLT), one of China’s leading original equipment manufacturers (OEMs) in the metal additive manufacturing (AM) space, has released its financial results for the first half (H1)…
BASF Forward AM Reports 39% Growth in H1 2023, Outpacing 3D Printing Industry Trends
In a positive mid-year report, BASF Forward AM announced impressive growth for the first half of 2023. Although specific revenue figures have not been disclosed, the brand, operating under BASF…
BICO’s Path to Profitability is A Test for New CEO Maria Forss
Sharing two key announcements that could signal a new direction, bioscience and bioprinting firm BICO (STO: BICO) has appointed Maria Forss as its new President and CEO. As a demonstration…
3D Printing Financials: voxeljet Q2 Rising Revenues Shadowed by Deepening Net Losses
Treading financial highs and lows, voxeljet (Nasdaq: VJET) has recently unveiled its financial results for the quarter ending on June 30, 2023. The company reported a revenue increase of 2.2%,…
3D Printing Financials: Xometry & SLM’s Q2 Earnings Reveal
In the rapidly evolving manufacturing world, digital transformation and specialized innovation drive success. Two recent earnings reports from US-based online marketplace Xometry (NASDAQ: XMTR) and German metal additive manufacturing (AM)…
3D Printing Financials: Amid Nasdaq Transition, Shapeways Software Revenues Surge along with Overall Losses
Shapeways (NASDAQ: SHPW) reported revenues of $8.4 million for the three months ending June 30, 2023, matching the figures from the same period in 2022. The company, however, experienced a…
3D Printing Financials: Markforged Beats, Velo3D Misses
Two 3D printing original equipment manufacturers (OEMs), Markforged (NYSE: MKFG) and Velo3D (NYSE: VLD), both reported their Q2 earnings after market close on August 10. Markforged reported in-line earnings per…
3D Printing Financials: Pioneers Stratasys and 3D Systems, Earnings Insights & Merger Potentials
In what was expected to be pivotal day for the additive manufacturing industry, Stratasys (Nasdaq: SSYS) and 3D Systems (NYSE: DDD) published their second quarter 2023 financial results. While Stratasys…
3D Printing Financials: Services Bureau Proto Labs Reports Earnings Beat, In-Line Revenue for Q2
Proto Labs (NYSE: PRLB), the Minnesota-based manufacturing services bureau specializing in 3D printing solutions, announced its Q2 2023 earnings on Friday, August 4, reporting quarterly earnings per share (EPS) of…
Amid Stratasys Merger Buzz, Desktop Metal Unveils Q2 Earnings – 3D Printing Financials
Last time we discussed Desktop Metal (NYSE: DM) ‘s earnings, the company was gearing up to merge with Stratasys (Nasdaq: SSYS). However, in a split second, from June to August…
3D Printing Financials: Materialise Unveils US Medical Expansion Amid Mixed Q2 Earnings
The Q2 2023 earnings report from Materialise (NASDAQ: MTLS) has revealed an uptick in total revenue. However, this positive was somewhat overshadowed by the company’s shift from a net profit…
3D Printing Financials: Stratasys Reveals Strong Q1 Earnings Ahead of $1.8B Merger with Desktop Metal
Following Nano Dimension (Nasdaq: NNDM)’s numerous failed attempts to acquire Stratasys (Nasdaq: SSYS), the 3D printing pioneer finally announced its merger with Desktop Metal (NYSE: DM) in a staggering deal…