DDD 3D Systems Corp.
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.
Company profile
Ticker
DDD
Exchange
Website
CEO
Jeffrey A. Graves
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
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Former names
3 D Systems Corp
SEC CIK
Corporate docs
IRS number
954431352
Investment data
Securities sold
Number of investors
Calendar
6 May 20
29 May 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 134.71M | 164.57M | 155.27M | 157.27M | |
| Net income | -18.92M | -4.66M | -16.76M | -23.86M | |
| Diluted EPS | -0.17 | -0.04 | -0.15 | -0.21 | |
| Net profit margin | -14.05% | -2.83% | -10.80% | -15.17% | |
| Operating income | -18.22M | -4.7M | -11.93M | -19.17M | |
| Net change in cash | -20.89M | 6.05M | -22.78M | -6.86M | |
| Cash on hand | 112.78M | 133.67M | 127.62M | 150.4M | |
| Cost of revenue | 77.57M | 92.81M | 87.99M | 83.97M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 629.09M | 687.66M | 646.07M | 632.97M | |
| Net income | -69.63M | -45.26M | -65.32M | -39.27M | |
| Diluted EPS | -0.61 | -0.41 | -0.59 | -0.35 | |
| Net profit margin | -11.07% | -6.58% | -10.11% | -6.20% | |
| Operating income | -57.1M | -43.19M | -53.97M | -38.42M | |
| Net change in cash | 23.67M | -26.35M | -48.6M | 29.3M | |
| Cash on hand | 133.67M | 110M | 136.34M | 184.95M | |
| Cost of revenue | 351.05M | 363.27M | 341.23M | 323.21M |
Financial data from 3D Systems earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 28 May 20 | Andrew Martin Johnson | Common Stock | Sell | Dispose S | 8 | 4,000 | 32K | 226,691 |
| 26 May 20 | Graves Jeffrey A | Common Stock | Grant | Aquire A | 0 | 170,068 | 0 | 442,176 |
| 26 May 20 | Graves Jeffrey A | Common Stock | Grant | Aquire A | 0 | 272,108 | 0 | 272,108 |
| 19 May 20 | Clinton Malissia | Common Stock | Grant | Aquire A | 0 | 10,000 | 0 | 23,879 |
Institutional ownership Q1 2020
67.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 234 |
| Opened positions | 43 |
| Closed positions | 40 |
| Increased positions | 66 |
| Reduced positions | 64 |
13F shares |
Current |
|---|---|
| Total value | 618.27M |
| Total shares | 80.09M |
| Total puts | 1.19M |
| Total calls | 906.2K |
| Total put/call ratio | 1.3 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 19.07M | $147.05M |
| Vanguard | 12.27M | $94.58M |
| IVZ Invesco | 8.55M | $65.93M |
| D. E. Shaw & Co. | 4.7M | $36.27M |
| STT State Street | 4.16M | $32.08M |
| Villere ST Denis J & Co | 3.83M | $29.5M |
| Geode Capital Management | 1.64M | $12.65M |
| Dimensional Fund Advisors | 1.53M | $11.8M |
| NTRS Northern Trust | 1.46M | $11.29M |
| Clark Estates | 1.43M | $11M |
Financial report summary
?Management Discussion
- Total consolidated revenue for the quarter ended March 31, 2020 decreased by 11.4%, or $17.3 million, to $134.7 million, compared to $152.0 million for the quarter ended March 31, 2019. These results reflect a 35.5% decrease in printers revenue and a 12.8% decrease from on demand manufacturing revenue as our customers purchases were impacted by the COVID-19 pandemic. Materials revenue decreased 0.1% to $41.4 million.
- Healthcare revenue includes sales of products, materials and services for healthcare-related applications, including simulation, training, planning, anatomical models, surgical guides and instruments and medical and dental devices. For the quarter ended March 31, 2020, healthcare revenue decreased by 7.3%, to $46.3 million, and made up 34.4% of total revenue, compared to $50.0 million, or 32.9% of total revenue, for the quarter ended March 31, 2019.
- For the quarter ended March 31, 2020, total software revenue from products and services decreased by 7.7% to $21.2 million, and made up 15.7% of total revenue, compared to $23.0 million, or 15.1% of total revenue, for the quarter ended March 31, 2019.
Content analysis
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New words:
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Removed:
abuse, acceptance, adjusting, Ameduri, assuming, board, book, borrower, California, capable, capitalizing, capture, code, collected, comparative, competitive, consideration, County, criteria, customization, customize, defendant, dependent, determination, developing, directly, download, drove, duty, earliest, Easyway, enabling, engineering, enrichment, enterprise, entry, estate, evidence, expensed, facilitate, fiduciary, forecasted, Foster, fulfillment, Gee, governance, handling, hosting, Hull, immaterial, incentive, individual, inspection, installment, Judicial, lapsed, listed, Litig, Los, Lu, machine, marketing, method, mismanagement, modification, modified, multiple, Nally, nominal, objective, obtained, obtaining, offered, optional, original, originator, outflow, periodic, Piguing, practical, productivity, profile, promised, purported, put, ratably, real, refinance, regularly, relationship, remitted, replaced, retrospective, reverse, reviewed, satisfaction, seek, separate, separately, shaper, size, SSP, stayed, Steyn, stratification, styled, subsequently, substantive, Subtopic, Superior, supplemented, terminated, treated, unjust, unsecured, updated, vary, VSP, waste, York
Financial reports
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
7 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
2 May 18
10-K
2017 FY
Annual report
14 Mar 18
Current reports
8-K
Departure of Directors or Certain Officers
20 May 20
8-K
Departure of Directors or Certain Officers
14 May 20
8-K
3D Systems Reports First Quarter 2020 Financial Results
6 May 20
8-K
Departure of Directors or Certain Officers
7 Apr 20
8-K
3D Systems Reports Fourth Quarter and Full Year 2019 Financial Results
26 Feb 20
8-K
3D Systems President and CEO Vyomesh Joshi Announces Plans to Retire
6 Feb 20
8-K
3D Systems Reports Third Quarter 2019 Financial Results
30 Oct 19
8-K
Other Events
18 Oct 19
8-K
Departure of Directors or Certain Officers
19 Aug 19
8-K
3D Systems Reports Second Quarter 2019 Financial Results
7 Aug 19
Registration and prospectus
S-3ASR
Automatic shelf registration
11 Jul 17
S-8
Registration of securities for employees
11 Jul 17
S-8
Registration of securities for employees
19 May 15
D
$4.38M in equity, sold $4.38M, 1 investor
19 Aug 14
424B2
Prospectus for primary offering
29 May 14
424B5
Prospectus supplement for primary offering
27 May 14
S-3ASR
Automatic shelf registration
27 May 14
D
$17.5M in equity, sold $17.5M, 1 investor
16 Apr 14
D
$2M in equity, sold $2M, 1 investor
25 Feb 14
D
$2.68M in equity, sold $2.68M, 1 investor
15 Jan 14
Proxies
DEFA14A
Additional proxy soliciting materials
7 Apr 20
DEF 14A
Definitive proxy
7 Apr 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
DEF 14A
Definitive proxy
28 Mar 18
DEFA14A
Additional proxy soliciting materials
28 Mar 18
DEF 14A
Definitive proxy
29 Mar 17
DEFA14A
Additional proxy soliciting materials
29 Mar 17
DEF 14A
Definitive proxy
25 Mar 16
DEFA14A
Additional proxy soliciting materials
25 Mar 16
Other
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
24 May 18
UPLOAD
Letter from SEC
25 Jul 17
CORRESP
Correspondence with SEC
6 Jul 17
UPLOAD
Letter from SEC
22 Jun 17
SD
Conflict minerals disclosure
31 May 17
NO ACT
No action letter
11 Jan 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
1 Jun 15
NO ACT
No action letter
21 Jan 15
Ownership
4
3D SYSTEMS / JEFFREY A GRAVES ownership change
28 May 20
4
3D SYSTEMS / JEFFREY WADSWORTH ownership change
28 May 20
4
3D SYSTEMS / John J Tracy ownership change
28 May 20
4
3D SYSTEMS / KEVIN S MOORE ownership change
28 May 20
4
3D SYSTEMS / CHARLES G MCCLURE ownership change
28 May 20
4
3D SYSTEMS / JIM D KEVER ownership change
28 May 20
4
3D SYSTEMS / William David Humes ownership change
28 May 20
4
3D SYSTEMS / Malissia Clinton ownership change
28 May 20
4
3D SYSTEMS / William Edward Curran ownership change
28 May 20
4
3D SYSTEMS / Andrew Martin Johnson ownership change
28 May 20
Patents
GRANT
Utility
System for introducing combustible powders to a three dimensional printer
26 May 20
A three dimensional printing system includes a powder delivery system and a controller.
APP
Utility
Alternating Dual Layer Contouring and Hatching for Three-Dimensional Manufacturing
14 May 20
A system for manufacturing a three-dimensional article includes a support plate, a powder dispenser, a fusing apparatus, and a controller.
APP
Utility
Vertically Staggered Fusing Sequence for a Three-Dimensional Printing System
14 May 20
A system for manufacturing a three-dimensional article includes a support plate, a powder dispenser, a fusing apparatus, and a controller.
GRANT
Utility
Three dimensional printing system with improved machine architecture
5 May 20
A three dimensional printing system includes a vertical support, a support plate, a resin vessel, a carriage, and a support fixture.
APP
Utility
Variable Density Internal Lattice for Structural Support that Minimizes Material
9 Apr 20
An apparatus for manufacturing a three-dimensional article by additive manufacturing includes a processor and an information storage device.