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Description:
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3D Systems Corporation designs, develops, manufactures, markets and services rapid three-dimensional (3-D) printing, prototyping and manufacturing systems and related products and materials that enable complex 3-D objects to be produced directly from computer data. The Company's systems are used by its customers to produce physical objects from digital data using commonly available computer-aided design (CAD) software or other digital-media devices, such as engineering scanners and medical scanners. 3D Systems' principal technology platforms include its stereolithography (SLA) equipment, its selective laser sintering (SLS) equipment, and its 3-D printing or InVision jet and layer-deposition equipment. The Company also blends, markets and distributes a range of consumable, engineered plastics, composites and metal materials that it markets to produce physical parts using its systems. For the three months ended 31 March 2006, 3D Systems Corporation's, revenues rose 10% to $33.5M. Net loss totaled $1.2M, vs. a profit of $783K. Revenues reflect higher sales from the Systems & Other Products segment due to contributions from 12 new products & services and Materials Segment due to growth in sales of new materials. Net loss reflects severance and restructuring expenses incurred during the period.
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