Quarter Ended June 30, | Six Months Ended June 30, | ||||||||||||||
(in millions, except per share amounts) | 2020 | 2019 | 2020 | 2019 | |||||||||||
GAAP Net loss | $ | (38.0 | ) | $ | (23.9 | ) | $ | (56.9 | ) | $ | (48.3 | ) | |||
Adjustments: | |||||||||||||||
Amortization, stock-based compensation & other (1) | 11.4 | 12.6 | 22.1 | 24.8 | |||||||||||
Legal, acquisition and divestiture related (2) | — | 6.8 | 0.4 | 7.2 | |||||||||||
Cost optimization plan, including severance costs (3) | 0.5 | 3.9 | 2.8 | 5.6 | |||||||||||
Impairment of cost-method investments (4) | — | — | 1.1 | — | |||||||||||
Product end-of-life adjustment (5) | 10.9 | — | 10.9 | — | |||||||||||
Non-GAAP net loss | $ | (15.1 | ) | $ | (0.6 | ) | $ | (19.6 | ) | $ | (10.7 | ) | |||
Non-GAAP net income per share available to 3D Systems common stock holders - basic and diluted (6) | $ | (0.13 | ) | $ | — | $ | (0.17 | ) | $ | (0.09 | ) |
3D Systems Reports Second Quarter 2020 Financial Results
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