Massivit 3D Expects Lower Sales in Fourth Quarter

Massivit 3D Expects Lower Sales in Fourth Quarter

Massivit 3D Printing Technologies sales fell in the final quarter of last year as it sold fewer printers amid military conflict in Israel.

The Israel-based provider of industrial three-dimension printing systems estimated fourth-quarter sales of $3.9 million, down from $4.8 million a year earlier.

The company sold 8 printers during the latest quarter, compared with 10 a year earlier, though it said it sold 32 printers for the year against 29 in 2022.

It projected 2023 sales of $15.1 million, up from $12.1 million the year before. The 2023 results exclude two deals from the third quarter totaling $700,000 that were canceled due to the war, Massivit said.

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