<div>
  <ul>
    <li>
      <p>
        3D Systems&rsquo; adjusted EPS turned negative to USD 0.06 for Q4 2022 (albeit beating analyst consensus estimates for a loss of USD 0.08 per share), compared to a&nbsp; positive EPS of USD 0.09 in Q4 2021. Meanwhile, the annual loss per share stood at USD 0.23 compared to a positive EPS of USD 0.34 in 2021.&nbsp;
      </p>
    </li>
    <li>
      <p>
        Q4 revenue dropped 12.0% YoY to USD 132.7 million (marginally beating analyst estimates by 0.3%). Full-year revenue (adjusted for divestitures) dropped&nbsp; 1.1% YoY to USD 538.0 million due to a weakened dental orthodontics market reflecting lower sales to certain customers.&nbsp;
      </p>
    </li>
    <li>
      <p>
        The adjusted gross margin declined to 40.9% in Q4 compared to 44.1% in Q4 2021. The operating loss also worsened to USD 9.9 million in Q4 from a profit of USD 12.4 million in Q4 2021. An operating loss of USD 26.9 was recorded for the year compared to a profit of USD 33.5 in 2021. The loss was attributable to several reasons, including the inflationary impacts on input costs and continued investments in growth areas.
      </p>
    </li>
    <li>
      <p>
        3D Systems guided revenue in 2023 to reach USD 545&ndash;575 million, implying growth of 1.3%&ndash;6.9% YoY. It also expects the non-GAAP gross profit margin to improve to 40-42% (from 39.8% in 2021).
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://s23.q4cdn.com/369160497/files/doc_financials/2022/q4/DDD-2022-12-31-Earnings-Release-(ex99.1)-PDF-for-web.pdf">
      3D Systems
    </a>
  </p>
  <p>
    <a href="https://www.globenewswire.com/news-release/2023/02/28/2617704/8852/en/3D-Systems-Reports-Fourth-Quarter-and-Full-Year-2022-Financial-Results.html">
      Press release
    </a>
  </p>
</div>


Additive Manufacturing

3D Systems Q4 EPS and revenue beat analyst consensus estimates, despite declining

PROMINENT_CATEGORY

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 <p>Advanced manufacturing company, SPEE3D from Australia, has formed a partnership with the New Jersey Innovation Institute (NJII), which is recognized for its work in the field of high-tech research. The collaboration will allow SPEE3D's Cold Spray Additive Manufacturing (CSAM) technology to be integrated into NJII's high-end manufacturing setup. </p>
 
 <p>This strategic alliance will empower NJII in using the WarpSPEE3D leading-edge, large-format metal 3D printer. The primary objective is to support the Collaborative Operationalized Manufacturing Engineering Training (COMET) initiative launched by NJII. The aim of this initiative is to prepare students and military personnel to create large-scale metal components as per demand. </p>
 
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SPEE3D partners with New Jersey Innovation Institute to provide cold spray AM technology

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<p>ARRIS, a provider of AM solutions on-demand, has managed to secure USD 34 million in a recent funding round. The fund contributors featured prominent companies such as ST Engineering, Zebra Technologies, Youngone, Standard Industries, Vertex Exploratory Fund, NEA, XN, Taiwania Capital, among others. With the latest financial injection, the total funding accrued by the company reaches an impressive figure of nearly USD 217 million.</p>
 
<p>ARRIS intends to channel the capital towards expanding its operations on a global scale and strengthening its partnerships with ingredient brands. The expansion plan predominantly targets consumer products, with specific emphasis on sectors like footwear, bicycles, portable electronics, and aerospace applications.</p>
 
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ARRIS raises USD 34 million in latest funding to expand global operations

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    <p>Equispheres, a provider of AM materials, has raised approximately CAD 20 million (around USD 14.6 million) in a Series B funding round. This funding round was led by Martinrea International with participation from THE Business Development Bank and Sustainable Development Technology of Canada.</p>
    <p>The company, with this funding, has plans to introduce several reactors to aid their existing production, expand their present facilities, and join forces with strategic partners for the innovation of new materials.</p>
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Equispheres raises CAD 20 million in Series B funding to expand production

INCUMBENTS_PRESENT

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 <p>Metal 3D printing solutions provider, Meltio, has collaborated with additive manufacturing services provider, Accufacture, and robotics and automation solutions provider, FANUC America, to launch Alchemist 1, an advanced AM robotic work cell.</p>
 
 <p>This solution integrates Meltio's wire-laser metal deposition (W-LMD) technology with FANUC’s versatile six-axis robot and a two-axis positioner within a safe laser enclosure. These features enable the production of large-scaled, fully dense metallic parts.</p>
 
 <p>Meltio defines this solution as highly efficient, boasting a deposition rate of up to 1 kg per hour, large build volume of 3.2’ x 6.5’ x 3.2’, and compatibility with welding wire. Furthermore, this solution has versatile applications in multiple industries, including automotive, aerospace, mining, and oil and gas.</p>
 
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Meltio partners with Accufacture and FANUC America to introduce Alchemist 1, an  AM robotic work cell

<div>
 
 <p>3D printing technology provider Formlabs has launched a new 3D printer, Form 4, designed for large-scale and rapid 3D printing projects. The printer uses a new print engine that employs low force display (LFD) technology, enabling parts to cure at quick speeds, amounting to 100 mm per hour. The build volume of the printer is 30% larger than its predecessors, permitting users to print several small parts at once.</p>
  
 <p>Formlabs also introduced a biocompatible variant, Form 4B, which uses stereolithography (SLA) 3D printing technology. The company asserts that Form 4B can produce most parts in less than two hours.</p> 
     
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Formlabs launches Form 4, a new 3D printer for high speed and large-scale production

<div>
 
 <p>Sintavia, a company offering on-demand additive manufacturing solutions, has disclosed its plan to invest USD 25 million for the expansion of its metal AM headquarters in Florida. This investment plan is scheduled for completion by the last quarter of 2024.&nbsp;</p>
 <p>The main motive behind this planned expansion is to accustom to the requirements from the US Department of Defense. The expansion plans entail an increase of 25,000 sq ft to the existing advanced manufacturing area. It will involve several new aditions, including large-format 3D printers, systems for large-format post-processing, and equipment for component testing.&nbsp;</p>
 <p>Alongside the physical expansion, Sintavia also intends to further concentrate on its research and development. The company will target the creation of high-performance thermodynamic components, with a spotlight on aerospace heat exchangers in particular.</p>
 
</div>

Sintavia invests USD 25 million to expand metal AM headquarters in Florida

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 <p>Materialise, a company offering 3D printing software and services, has recently expanded its additive manufacturing material portfolio. The new additions include polyamide 12S, polyamide 11 for HP Multi Jet Fusion (MJF), and polyamide (PA-CF) for fused deposition modeling (FDM).</p>
 
 <p>The PA-CF material, composed of a thermoplastic filament boosted with 35% carbon fiber, will be ideally suited for the creation of heavier metal components. On the other hand, due to its resilience, adaptability, and reported biocompatibility, PA 11 is expected to find use in medical technology applications. Lastly, the implementation of PA 12S is anticipated in areas of volume prototyping and production.</p>
 
 <p>Furthermore, Materialise has entered into a collaboration with Renishaw, a manufacturing systems and software provider. The purpose of this alliance is to augment the productivity of Renishaw’s additive manufacturing machines.</p>
 
 <p>The collaboration will facilitate Materialise in incorporating its build processor with Renishaw's RenAM 500 series of metal additive manufacturing machines. In addition, Materialise plans to extend access to Renishaw’s users to Magics along with its data and build preparation software.</p>
 
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Materialise introduces three materials to expand AM portfolio; partners with Renishaw

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 <p>Velo3D, a provider of metal 3D printing, is planning to have a public offering for its common stock and warrants. The details such as amount, timeline and terms are currently undisclosed and will depend on the market conditions.</p>
 <p>The company will use the proceeds from the sale for its working capital, capital expenditures, and other general corporate needs. This includes repayment of the company’s senior secured notes due 2026 and other allowed debts.</p>
 
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Velo3D announces public offering proposal for undisclosed amount

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 <p>AML3D, an Australian additive manufacturing solutions developer, aims to raise USD 3.9 million through a rights issue. The funding will be set up as a one-for-three non-renounceable rights issue, offering approximately 78.5 million new shares at USD 0.05 each.</p>
 <p>The company aims to use the funding to establish a new manufacturing facility in Ohio, United States, to meet the increasing demand, particularly in the defense industry. The facility will serve as the company’s new headquarters, producing advanced manufacturing systems and fulfilling contract manufacturing, alloy testing, and prototyping contracts. It will also accommodate the company’s US sales and operating functions.</p>
 <p>Additionally, the company intends to use the funding to enhance its US workforce.</p>
 
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AML3D to raise USD 3.9 million in rights issue to cater to US market

<div>
 
 <p>Quantica, a multi-material additive manufacturing solutions provider, has collaborated with Atlana, an additive manufacturing materials supplier. This partnership aims to broaden Quantica's material portfolio for 2D and 3D inkjet printing.</p>
 <p>Users of Quantica's NovoJet open printing system will gain access to materials from ALTANA's “Cubic Ink” line through this alliance. These materials will form a basic selection for users who do not have their own materials.</p>
 
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All Updates