earnings
confidence high
sentiment negative
materiality 0.75
3D Systems Q4 revenue down 12% to $132.7M; net loss $25.6M; settles export control probes for $15M
3D SYSTEMS CORP
2022-FY EPS reported
-$0.96
revenue$538,031,000
- Q4 2022 revenue $132.7M (-12% YoY); net loss $25.6M ($0.20 diluted loss per share); non-GAAP loss per share $0.06.
- FY2022 revenue $538M (-12.6% YoY); net loss $122.7M ($0.96 diluted loss per share); non-GAAP loss per share $0.23.
- 2023 guidance: revenue $545-575M, non-GAAP gross margin 40-42%, Adjusted EBITDA and free cash flow breakeven or better.
- Settled export control investigations with DOJ, DDTC, BIS; agreed to pay $15M in penalties and $10M on remedial compliance over 3 years.
- Delay in filing 10-K due to additional time needed for financial close; independent auditor not yet completed audit.