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ROCK HILL, S.C. - 3D Systems (NYSE:DDD), currently trading at $3.11 and showing a notable 24.4% gain over the past week, announced Monday it will concentrate its development efforts on its proprietary polymer solution, 3D Sprint, while divesting its software platforms to Hubb Global Holdings. According to InvestingPro data, the company maintains a current ratio of 2.76, indicating strong short-term liquidity despite recent challenges.
The company plans to sell its Oqton Manufacturing Operating System (MOS) and 3DXpert metal printing platforms to Hubb Global Holdings, a strategic investment group led by Steve Lokam and Kalyan Yenneti. The transaction is expected to close in the fourth quarter of 2025. With a moderate debt-to-equity ratio of 0.81 and rapidly declining cash reserves, this strategic move could help stabilize the company’s financial position. For detailed analysis of 3D Systems’ financial health and future prospects, investors can access comprehensive research through InvestingPro, which offers 16 additional exclusive insights about the company.
3D Systems said the strategic shift will allow it to focus on leveraging artificial intelligence to improve part quality, speed design processes, and enhance manufacturing workflows for its polymer production systems.
"We believe it’s critical to continue to invest in R&D to drive innovation in all elements of our solutions—focusing these investments where they can make the biggest impact for our customers and shareholders," said Dr. Jeffrey Graves, president and CEO of 3D Systems, in a press release statement.
The company indicated that industry standardization of metal print process planning and workflow is essential to accelerate direct metal printing adoption globally. By transitioning the Oqton MOS and 3DXpert platforms to an independent software developer, 3D Systems aims to foster broader OEM adoption across the metal printing industry.
Under the agreement, Hubb Global Holdings will operate both platforms as printer-agnostic enterprise software solutions, maintaining their availability to multiple printer manufacturers. 3D Systems will establish a strategic relationship with Hubb to support continued growth of its metal printing solutions incorporating 3DXpert software.
Highlands Capital Advisors served as the exclusive buyside advisor to Hubb Global Holdings for the transaction.
In other recent news, 3D Systems reported its second-quarter 2025 earnings, surpassing expectations in earnings per share (EPS) with a figure of -$0.07 against the forecasted -$0.11, marking a 36.36% surprise. However, the company’s revenue fell short, registering $94.8 million compared to the anticipated $103.92 million, an 8.78% shortfall. Additionally, 3D Systems has been awarded a $7.65 million contract from the U.S. Air Force for a Large-format Metal 3D Printer Advanced Technology Demonstrator, extending their existing program focused on high-speed flight applications. In strategic moves, the company plans to divest its software platforms, including the Oqton Manufacturing Operating System and 3DXpert, to Hubb Global Holdings. This decision aligns with 3D Systems’ focus on its proprietary polymer solution, 3D Sprint, amid the growing potential of artificial intelligence in additive manufacturing. Meanwhile, changes in leadership are underway as Chief Financial Officer Jeffrey D. Creech announced his resignation effective September 12, 2025, to pursue another career opportunity. Phyllis Nordstrom, currently the Executive Vice President and Chief Administrative Officer, will serve as Interim CFO upon Creech’s departure. The company emphasized that Creech’s resignation is not related to any disagreements over financial reporting or accounting practices.
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