3D Systems Reveals Next Evolution Of Its Restructuring Initiative Targeted To Deliver Incremental Annualized Savings Of $45M-$55M By The End Of 2024
Portfolio Pulse from Benzinga Newsdesk
3D Systems has announced the next phase of its restructuring initiative, which is expected to deliver annualized savings of $45M-$55M by the end of 2024.
October 25, 2023 | 12:05 pm
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3D Systems' restructuring initiative is expected to deliver significant annualized savings, which could improve the company's financial performance and potentially boost its stock price.
The restructuring initiative announced by 3D Systems is a significant move aimed at improving the company's financial performance. The expected annualized savings of $45M-$55M could reduce costs and increase profitability, which could positively impact the company's stock price in the short term.
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