07/28/2025 | Press release | Distributed by Public on 07/28/2025 14:20
3D Systems thought it was printing money but in the end it was all just printer error. After overly optimistic claims about revenue growth and its relationship with United Therapeutics, the company blindsided investors with a series of losses and news the United relationship hit a speed bump. Investors sent their 3D shares through the shredder and the stock plunged over 26%. Now, investors are suing.
3D Systems, a 3D printing pioneer, touted its "robust customer pipeline" and projected big revenue gains. It also hyped its relationship with United Therapeutics, which seemed poised to bring in major cash for the 3D Systems' healthcare sector. But executives should have known better: in reality, the customer pipeline had slowed to a trickle and things weren't great with United.
In March 2025, investors learned the truth. 3D Systems admitted a major shakeup to its United relationship would cost the company millions. At the same time, the company missed revenue and sales projections. Investors tossed out their shares and the stock plummeted.
Now, more investors are joining the lawsuit.