Strategic Restructuring and Cost Optimization Initiatives
3D Systems is executing a comprehensive restructuring plan aiming to deliver over $85 million in annualized savings by mid-2026.
The company has in-sourced manufacturing operations over the past two years to improve quality control and reduce costs.
Restructuring efforts include facility closures, business and legal entity rationalization, and automation of back-office processes.
The company is targeting to reduce operating expenses to the low $40 million range by the end of 2025, supporting a move to positive cash flow.
Management highlighted that the scale and balance sheet flexibility have enabled them to navigate the restructuring while maintaining core R&D investments.
The timing of facility subleases remains a challenge, impacting the full realization of cost savings.
Dafinchi