3D Systems Reports Fourth Quarter and Full Year 2023 Financial Results (Unaudited)

3D Systems Corporation
Unaudited Consolidated Statements of Operations
Year Ended December 31, 2023 , 2022 and 2021
 
  Year Ended December 31,
(in thousands, except per share amounts)  2023    2022    2021 
Revenue:     
Products$328,731  $395,396  $428,742 
Services 159,338   142,635   186,897 
Total revenue 488,069   538,031   615,639 
Cost of sales:     
Products 200,616     237,386       245,169  
Services   88,641       86,412       106,692  
Total cost of sales   289,257       323,798       351,861  
Gross profit   198,812       214,233       263,778  
Operating expenses:          
Selling, general and administrative   212,101       244,181       227,697  
Research and development   89,728       87,071       69,150  
Impairments of goodwill and intangible assets   311,286              
Total operating expenses   613,115       331,252       296,847  
Loss from operations   (414,303 )     (117,019 )     (33,069 )
Interest and other income (expense), net   44,362       (3,790 )     352,609  
(Loss) income before income taxes   (369,941 )     (120,809 )     319,540  
Benefit (provision) for income taxes   526       (2,140 )     2,512  
Loss on equity method investment, net of income taxes   (1,282 )            
Net (loss) income before redeemable non-controlling interest   (370,697 )     (122,949 )     322,052  
Less: net loss attributable to redeemable non-controlling interest   (265 )     (238 )      
Net (loss) income attributable to 3D Systems Corporation $ (370,432 )   $ (122,711 )   $ 322,052  
           
Net (loss) income per common share          
Basic $ (2.85 )   $ (0.96 )   $ 2.62  
Diluted $ (2.85 )   $ (0.96 )   $ 2.55  
           
Weighted average shares outstanding:          
Basic   129,944       127,818       122,867  
Diluted   129,944       127,818       126,334  



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise