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MarketScreener Homepage  >  Equities  >  Nyse  >  3D Systems Corporation    DDD

3D SYSTEMS CORPORATION

(DDD)
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3D Systems Corporation : 3D Systems Invests In U.S. Government’s Additive Manufacturing Institute

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10/04/2012 | 11:15am EDT

ROCK HILL, South Carolina -October 4, 2012 - 3D Systems Corporation (NYSE:DDD) announced today that it has taken the next step in its partnership with the National Additive Manufacturing Innovation Institute (NAMII), the federal initiative to enhance the competitiveness of U.S. industry, with the delivery of two leading production grade additive manufacturing printers to the innovation center located in Youngstown, Ohio. This institute will bridge the gap between research, product development and manufacturing, and will provide companies, particularly small manufacturers, with access to cutting-edge capabilities and an environment to educate and train employees in additive manufacturing skills and technologies.
 "3D Systems pioneered the development and commercialization of additive manufacturing technology and is proud to be part of this visionary government initiative to localize manufacturing and enhance competitiveness," said Cathy Lewis, Vice President of Global Marketing, 3D Systems. "With seven distinct 3D print engines, we are uniquely positioned to cover the broadest range of additive manufacturing applications and empower industries with tomorrow's competitive tools and skills today."
The additive manufacturing institute will be managed by the National Center for Defense Manufacturing and Machining  and is the first center in the National Network of Manufacturing Innovation (NNMI). The NNMI institutes will serve as regional hubs of manufacturing innovation, and will be known as world-class centers for applied research, technology incubation, and commercialization.
 Learn more about additive manufacturing at www.production3dprinters.com.

About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The company also provides CAD software and plugins, and affordable consumer create-and-make printers, apps and services.  Its expertly integrated solutions replace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input.  These solutions are used to rapidly design, create, communicate, prototype or produce real parts, empowering customers to create and make with confidence.

More information on the company is available at www.3DSystems.com

To experience our entire range of 3D content-to-print products and services please visit www.printin3D.com, www.production3dprinters.com, www.3Dproparts.com,
www.zcorp.com, www.toptobottomdental.com, www.quickparts.com, www.alibre.com, www.bitsfrombytes.com, www.bespokeinnovations.com, www.botmill.com, www.cubify.com, www.myrobotnation.com, www.freshfiber.com, www.The3dStudio.com, www.freedomofcreation.com, www.sycode.com, www.paramountind.com, blog.3dsystems.com, or via email at
moreinfo@3Dsystems.com.

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Financials (USD)
Sales 2019 630 M
EBIT 2019 -2,04 M
Net income 2019 -77,1 M
Finance 2019 28,9 M
Yield 2019 -
P/E ratio 2019 -12,7x
P/E ratio 2020 -22,5x
EV / Sales2019 1,53x
EV / Sales2020 1,36x
Capitalization 992 M
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Mean consensus HOLD
Number of Analysts 11
Average target price 8,53  $
Last Close Price 8,40  $
Spread / Highest target 48,8%
Spread / Average Target 1,56%
Spread / Lowest Target -16,7%
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Managers
NameTitle
Vyomesh I. Joshi President, Chief Executive Officer & Director
Charles G. McClure Chairman
Ran Bronstein VP, Chief Research & Operation Officer
John N. McMullen Chief Financial Officer & Executive Vice President
Charles W. Hull CTO, Director & Executive Vice President
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