That decline added to slumping returns for the 3D printing specialist, which is down over 40% so far in 2020.
The company didn't issue any operating updates last month, but it was still a busy period for the business. 3D Systems has just welcomed a new chief financial officer after appointing a new CEO in May.
Its last earnings report, in early August, showed a 29% sales decrease and continuing net losses. Jeffrey Graves, who recently took over the company's leadership, said the results bolstered his judgement that the company needed to significantly reduce its cost burden across its manufacturing and corporate infrastructure.
These moves, "should enable the company to be profitable at current revenue levels," he said, while positioning 3D Systems for improving results once the industry emerges from the recession.
September's swoon pushed 3D Systems' stock down to a new 10-year low, which could make it attractive for investors seeking value or rebound opportunities. However, with a new leadership team and an uncertain recovery path ahead, it might make more sense to follow the next few quarterly reports before making large bets on these shares.