3D Systems (DDD) strengthens dental portfolio with new product launches – March 15, 2023
3D systems (DDD – Free Report) recently expanded its industry-leading digital dentistry portfolio with the launch of NextDent Base and NextDent Cast materials and the NextDent LCD1 3D printer.
NextDent Base from 3D Systems is a 3D printing resin developed for the production of 3D printed denture bases. It is suitable for printing on removable denture bases and is characterized by excellent mechanical properties such as high breaking strength and robust printability. The product will be available to order in four colors from the end of 2023 to match different aesthetics. It aims to offer patients long-lasting and impact-resistant dentures.
Another new addition to DDD’s dental portfolio, NextDent Cast is an improved, easy-to-burn 3D printing material that is residue-free and suitable for all kinds of purposes such as supports, frames or orthodontic appliances. It offers higher stretch, improved burn and printability, resulting in improved stability. Currently available for immediate order, the material produces blue colored parts and is packaged in 1kg containers. The aim is to offer customers a castable part that is stable and strong.
The NextDent LCD1 from 3D Systems is a small, easy-to-use dental 3D printer that uses LCD technology to deliver high-quality results. It features automatic calibration to deliver parts with a very smooth surface finish, three times faster than what is possible with stereolithography printers. It can meet a variety of application needs, resulting in unparalleled accuracy, repeatability, productivity and total cost of ownership.
Based on the company’s Figure 4 3D printing technology, the NextDent LCD1 printer is ideal for use in small office environments where production volume is less demanding. NextDent LCD1 from 3D Systems can be ordered now. The new printer aims to bring 3D printing into the practice for clinicians to improve efficiency and enhance the patient experience.
The company will showcase its entire digital dentistry portfolio, including the above product launches, at IDS 2023, March 14-18 in Cologne, Germany.
3D Systems believes that materials science will be a key driver in the transition to 3D manufacturing. It is investing heavily in material innovation across its portfolio to capitalize on this trend.
Looking ahead, 3D Systems expects its portfolio of innovative products to generate more than 30% organic growth over the next few years, thereby increasing its margins and profits.
Recently, DDD’s wholly owned, independently operated subsidiary, Oqton, entered into a technical and commercial software development agreement with DDD Baker Hughes (BKR – Free Report) , one of the world’s largest oilfield service providers based in Houston, TX, to create an industrial digital ecosystem.
Under the terms of the agreement, the two companies will combine their engineering and manufacturing expertise to transform the way products are brought to market in highly regulated industries such as energy, aerospace and healthcare. Baker Hughes intends to integrate Oqton’s Manufacturing Operating System with its proprietary applications to create an enhanced additive manufacturing platform that will accelerate innovation in the energy sector.
Last month, the company introduced the ProJet MultiJet Printing (MJP) 2500W Plus, a 100% wax jewelry pattern 3D printer that delivers durable, high-quality jewelry patterns for reliable performance and results in all existing lost-wax casting processes and equipment.
3D Systems’ ProJet MJP 2500W Plus enables mass production or rapid single lane printing of all-wax casting models at high print speeds to improve casting room efficiency by reducing time, cost and geometric tooling constraints. With a large build volume capacity and 24/7 operation, the high productivity of this affordable 3D printer implies a quick payback and high return on investment.
Zack’s Rank & Key Picks
Currently, 3D Systems and Baker Hughes carry a Zacks Rank #3 (Hold). Shares in DDD and BKR are down 25% and 23.9%, respectively, over the past year.
Some top ranked stocks from the broader computer and technology sector are Airbnb (ABNB – Free report) and factory (FN – free report). While Airbnb has a Zacks Rank #1 (Strong Buy), Fabrinet has a Zacks Rank #2 (Buy). You can see the full list of today’s Zacks #1 Rank stocks can be found here.
The Zacks Consensus estimate for Airbnb’s first-quarter 2023 earnings has been revised north from breakeven to 14 cents a share over the past 30 days. For 2023, earnings estimates are up 52 cents over the past 30 days to $3.38.
ABNB’s earnings beat Zacks’ consensus estimate in each of the last four quarters, with an average surprise of 57.2%. The company’s shares are down 19.2% over the past year.
The Zacks Consensus estimate for Fabrinet’s earnings for the third quarter of fiscal 2023 has been revised up 7 cents over the past 30 days to $1.90 per share. For fiscal 2023, earnings estimates have moved up 24 cents to $7.71 over the past 30 days.
FN’s earnings beat the Zacks consensus estimate in three of the last four quarters and missed once, with an average surprise of 5.1%. The company’s shares are up 21.9% over the past year.
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