October 20, 1992
3-D Systems Inc. narrowed its losses in the third quarter with the help of a 62% jump in sales. In the quarter that ended Sept. 25, the company lost $544,177 compared with a year-earlier loss of $3.23 million, and its sales climbed to $6.93 million from $4.28 million. 3-D Systems is the Canadian holding company of 3D Systems Inc., a Valencia maker of equipment that uses a computer, laser and chemicals to rapidly make plastic-like models of industrial and consumer products in the prototype stage.
May 21, 1991
3-D Systems Inc., the Canadian parent of Valencia-based 3D Systems Inc., said it had a net loss of $2.28 million for the three months that ended March 31, compared to a year-ago profit of $400,621. The company, which makes and markets machines for rapidly producing three-dimensional industrial models, said its revenue for the period fell 36% to $4.63 million from $7.19 million last year.
November 19, 1991
Buffeted by a continued soft economy, 3-D Systems Inc. of Vancouver, Canada, whose principal operating unit is 3D Systems Inc. of Valencia, reported a third-quarter loss on a steep drop in revenue. 3D makes machines that are used by various manufacturers to build prototypes. In the quarter that ended Sept. 27, 3-D lost $3.42 million, while its revenue fell 40% to $4.28 million. A year earlier, 3-D earned $14,722 on $7.21 million in revenue. In the latest nine-month period, 3-D lost $7.
January 26, 1993
3D Systems Inc. in Valencia said it has signed agreements to have its products distributed in Hong Kong, China and the former Soviet Union. 3D makes devices that employ a laser, computer and chemicals to rapidly produce plastic-like models that companies use to make prototypes and models of their finished goods. 3D is the U. S. subsidiary of 3-D Systems Inc., a Canadian concern. The company said it signed one distribution pact with Asia Info Sciences Corp. (H.K.) Ltd.
June 2, 1992
The parent of 3D Systems Inc. in Valencia said it has begun issuing to its existing shareholders rights to purchase 9 million shares of common stock under its previously announced plan to raise about $10 million. The company said shareholders will receive one right for each 10 common shares they owned on May 26. Each right will entitle the holder to purchase five common shares at an exercise price of 88 cents each. The over-the-counter stock closed Monday at $1.25 a share.
June 30, 1992
3-D Systems Inc. said it has completed a rights offering that will generate $7.9 million in proceeds for the company. 3-D is the Canadian parent of 3D Systems, a Valencia manufacturer of equipment that makes plastic-like prototype molds for various products. Holders of the rights purchased a total of 7.68 million 3-D common shares at 87.5 cents a share, and the company said it is now selling the remaining 1.32 million shares under the program to an investor group for the same price.