3D SYSTEMS CORP (DDD): restructuring charge — 3D Systems FY2024 revenue $440M; Q4 adj EBITDA loss $19.1M; targets breakeven by Q4 2025

3D SYSTEMS CORP

FY2024 revenue $440M (-10% YoY); Q4 revenue $111M (-3% YoY) with $8.7M reduction from Regenerative Medicine accounting change.
Q4 net loss $33.7M ($0.25 diluted loss); adj EBITDA loss $19.1M vs loss $14.0M YoY.
New restructuring aims for >$50M annualized savings by Q2 2026; expects $12-20M charges.
Geomagic software platform sale for $123M; all regulatory approvals obtained; early April close.
2025 outlook: revenue $420-435M (flat/modest growth ex-Geomagic); target breakeven adj EBITDA by Q4 2025.

item 2.02 item 2.05 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

3D SYSTEMS CORP announced a restructuring with charges of approximately $12 to $20 million.

Type: restructuring
Charge: approximately $12 to $20 million

Exact text from the filing

of at least $50 million by the end of the second quarter of the Company’s fiscal year ending December 31, 2026. The Company expects to incur aggregate charges of approximately $12 to $20 million predominantly related to employee severance (including certain one-time costs related to employee benefits), one-time capital expenditures, and contract termination

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3D SYSTEMS CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-064094

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