revenues

3D Printing Financials: Xometry’s Scaling up and Strong Start to 2024

Xometry (Nasdaq: XMTR) kicked off 2024 with strong results, boosting its marketplace and technology to new heights. Both revenue and gross margin soared, fueled by an expanding global network of…

3D Printing Financials: Protolabs’ Q1 3D Printing Revenue is Flat, Company Advances in Technology Push

Protolabs (NYSE: PRLB) has kicked off 2024 with a mild boost in revenue, revealing how the Minnesota-based company manages to adapt and thrive even in uncertain market conditions. While the…

3D Printing Financials: Tensions and Strategic Adjustments in Desktop Metal’s Earnings

Desktop Metal (NYSE: DM) reported its financial results for 2023, showing a year of financial recalibration. Revenues dipped compared to the previous year, yet there was an improvement in net…

3D Printing Financials: Materialise Reports Growth in 2023 with Medical Segment Success

Closing out 2023, Materialise (Nasdaq: MTLS) unveiled a strong financial performance for its fourth quarter. The Belgium-based company reported a revenue increase of 4.1% year-over-year, and despite facing net losses,…

3D Printing Financials: Xometry’s Year of Growth and Challenges

Finishing 2023 amid broader economic challenges that have troubled many in the 3D printing sector, Xometry (Nasdaq: XMTR) reported a solid 31% increase in the fourth quarter revenue, reaching $128…

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 Market Grew Nearly 55% Since 2020 – AM Data Slice

“AM Data Slice” from Additive Manufacturing Research (“AMR”, formerly SmarTech Analysis) is a weekly segment that offers readers an insightful dive into the additive manufacturing (AM) landscape, showcasing pivotal statistics and…

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: 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…

Daring AM: Redwire 3D Prints for ESA and Marvel’s Guardians of the Galaxy

Unveiling its transformative vision in the space tech realm just a few years ago, Redwire Space (NYSE: RDW) has swiftly emerged as a catalyst propelling the space economy to unprecedented…

3D Printing Financials: Velo3D Revenue Up 120%; Earnings per Share Lag Behind

Velo3D (NYSE: VLD) saw its revenue escalate 120 percent to $26.8 million, falling within the company’s expectations and Wall Street’s consensus. However, as the sequential revenue growth continues, Velo3D reported…

3D Printing Industry Worth $13.5B, Will Reach $25B by 2025

According to its latest market data, SmarTech Analysis estimates that the 3D printing industry grew at a rapid pace of about 23% in 2022, reaching $13.5 billion. This number specifically…

Q3 2022 3D Printing Market Totaled $3.1B with 20% YoY Growth

The additive manufacturing (AM) market grew by 20 percent year-over-year in Q3 2022, reaching revenues of $3.1 billion, according to SmarTech Analysis, the leading research firm dedicated to 3D printing….

3D Printing News Briefs, September 17, 2022: Autodesk Profiles, FDA Clearance & More

We’re starting with software in today’s 3D Printing News Briefs, as Autodesk has released 3D printing profiles for two of The Virtual Foundry’s filaments and Sigma Additive Solutions joined the…

Materialise Reports FY 2021 Profit, 21% Revenue Increase

As one of 3D printing’s pioneers, long-running additive manufacturing (AM) service provider Materialise (NASDAQ: MTLS) is one of a growing number of companies whose financial statements are shared with the…

In First Full-Year Report, Desktop Metal Organic Revenues Are up

While Desktop Metal (NYSE: DM) has a market cap of $1.25 billion, reflected in the unicorn status it was given by investors ahead of its initial public offering, its ability…

3D Printing Financials: 3D Systems Tops Earnings Estimates, Focuses on Future Investments for Growth

Led largely by a strong increase in its healthcare segment, 3D Systems (NYSE: DDD) reported better than expected earnings and sales for the quarter ending September 30, 2021. However, despite…

3D Printing Financials: Desktop Metal Reports High Revenues, Losses and the Acquisition of ExOne

It’s only been seven months since Desktop Metal (NYSE: DM) went public. Still, the Massachusetts 3D printing business has already made some massive announcements, including the acquisition of pioneer binder…

Prodways Q2 Revenues Increase, Machine Sales Up 100%

Prodways (PWG.PA) reported a 54% revenue increase year over year for its second quarter in 2021 as the global economy recovers from the Covid-19 pandemic. Driven by the recovery of…

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Metal 3D Printing Grows 11% in Q1 2021, Says SmarTech Report

According to SmarTech Analysis, the metal 3D printing industry grew by 11 percent in terms of global revenues in the first quarter of 2021. This double-digit expansion represents a continued…