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US 3D printer manufacturer 3D Systems (DDD) has reported a 15.2% revenue decline in its Q3 2022 financial results.
During Q3 2022, 3D Systems generated $132.3 million, a significant fall against the $156.1 million it brought in over the same period last year. According to the firm’s CEO Dr. Jeffrey Graves, these results “were consistent with its recent expectations,” and reflect the continued impact of reduced consumer spending, which in turn, has led to a decline in demand from major dental clientele.
“We are seeing steady demand for our industry-leading suite of additive manufacturing solutions in core end markets such as energy, commercial space, precision micro-castings, and medical devices,” explained Graves….
