March 15, 1994
3D Systems Corp., a Valencia-based maker of machines that combine lasers, chemicals and a computer to rapidly manufacture plastic-like models of industrial parts and other products, reported fourth-quarter and annual profits after year-earlier losses. The company attributed the improved results to its cost management, increased efficiency and a more profitable mix of products sold. In the fourth quarter, 3D earned $1.45 million, in contrast to a loss of $1.5 million a year before.
November 9, 1993
Valencia-based 3D Systems Corp., a maker of computer-imaging systems, posted a profit of $270,305 for its third quarter ended Oct. 1 on record quarterly sales of $8.1 million. The profit contrasts with a net loss of $544,177 in the same period last year on $6.9 million of sales. The company said the latest quarter's net income figure includes a $100,000 charge related to discontinuing its Japanese subsidiary's operations. In place of the unit, 3D said it has appointed INCS Inc.
August 17, 1993
The Valencia maker of imaging systems used by manufacturers to produce products rapidly, 3D Systems Corp., reported a second-quarter loss of $495,562. A year earlier, 3D lost $941,293. Its revenue rose 30%, to $7.23 million from $5.55 million. In the six months ended June 30, 3D lost $1.19 million, in contrast with a loss of $733,083 in the same period in 1992. Its revenue increased 12%, to $14.4 million from $12.9 million. The firm said its second-quarter 1993 results included a gain of $1.
June 22, 1993
3-D Systems Inc. reported a loss of $695,212 for its first quarter ended April 2. 3-D is a Canadian company whose primary unit is 3D Systems Inc., a Valencia maker of machines that combine lasers, chemicals and a computer to rapidly manufacture plastic-like models of industrial parts and other products. In its first quarter a year earlier, 3-D earned $208,210. The quarterly loss came on revenue of $7.16 million, down from $7.33 million a year before.
March 31, 1992
3-D Systems Inc., citing the economic recession, reported a fourth-quarter loss of $2.82 million compared with a year-earlier loss of $2.68 million. 3-D Systems is a Canadian company whose primary unit is Valencia-based 3D Systems, which makes equipment that combines a computer, laser and chemicals to rapidly make prototype models of industrial parts and other products.
February 25, 1992
3D Systems Inc. said it has settled patent litigation between the Valencia-based company and a Quadrax Corp. subsidiary. 3D produces machines that use a laser and chemicals to rapidly make prototype models of industrial parts and other products. The company had claimed in 1990 that Quadrax Laser Technologies Inc., a unit of Portsmouth, R. I.-based Quadrax Corp., had infringed certain existing and pending patents held by 3D.
August 20, 1991
3-D Systems Inc., the Canadian parent of Valencia-based 3D Systems Inc., said it lost $1.4 million in the quarter that ended June 30 contrasted with a year-earlier profit of $129,163. Sales dropped 16%, to $5.9 million from $7 million a year earlier. The company, which makes and markets machines for rapidly producing three-dimensional industrial models, reported a loss of $3.7 million for the first half of the year, contrasted with net income of $529,784 for the first six months of 1990.
August 13, 1991
3-D Systems Inc. said its biggest stockholder, Ciba-Geigy Ltd., has agreed to lend up to $2.5 million to help finance the company's operations over the next year. 3-D Systems is a Canadian company whose main unit is 3D Systems, a Valencia maker of machines that combine a computer, laser and chemicals to rapidly make plastic-like prototype models for manufacturers. The company has been struggling recently. 3-D Systems lost $2.
November 6, 1990
3-D Systems Inc., a Canadian company whose sole operating unit is 3D Systems in Valencia, said its third-quarter profit plummeted 96% from a year earlier, and it warned of more problems ahead. 3D Systems makes a machine that uses a computer, laser and chemicals to rapidly make plastic-like models that manufacturers use as prototypes for new products. In the quarter that ended Sept. 30, its parent company reported earnings of $14,722, down from $358,108 a year earlier.
December 13, 1989
Ciba-Geigy, a major Swiss corporation, said it plans to sell its 37% stake in 3D Systems Inc. in Valencia as part of a restructuring program. Ciba-Geigy bought its interest in 3D Systems in July, 1988, for $30 million. 3D Systems makes a machine that uses lasers, chemicals and a computer to rapidly produce models of parts, consumer packages and other products for manufacturers.