3D Systems Reports Net Loss for Quarter

3D Systems Corp. reported a net loss for its third quarter of $2.1 million, compared with a net income of $1 million a year earlier.

The Valencia-based company, whose products are used to make three-dimensional models based on computer-generated designs, posted revenues for the quarter that ended Sept. 26 of $22.3 million, up 13% from $19.8 million a year ago.

For the nine months, 3D reported a net loss of $2 million, compared with a net income of $2.9 million in 1996, and sales of $65.6 million, up 14% from $57.5 million the year before.

“In the United States, our largest market, the orders flow increased sharply over last year’s third quarter and, while U.S. orders are not yet at a satisfactory level, we are pleased with the improvement in the third quarter,” said Chairman and Chief Executive Arthur B. Sims.