3D Systems Q3 revenue down 6.4% to $124M; net loss narrows to $11.7M; launches $45-55M cost savings plan

3D SYSTEMS CORP

2023-Q3 EPS reported -$0.54 revenue$373,221,000

Revenue $123.8M, down 6.4% YoY on weakness in dental orthodontics and cautious capex.
GAAP net loss $0.09 per share; non-GAAP EPS $0.01 positive.
Adjusted EBITDA $4.7M vs -$0.3M a year ago on improved gross margins (44.7%).
October restructuring targets $45-55M annual savings by end of 2024.
Plans 39 new printer systems and significant product releases by end of 2024.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.5

3D SYSTEMS CORP reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 7, 2023, 3D Systems Corporation (the “Company”) issued a press releases announcing the Company’s financial results for the third quarter ended September 30, 2023

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

3D SYSTEMS CORP filing history →

Source: SEC EDGAR

accession 0001171843-23-006847

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