3D Systems Q4 revenue down 13.5% to $114.8M; net loss $300.4M; delays 10-K

3D SYSTEMS CORP

2023-FY EPS reported -$2.79 revenue$488,069,000

Q4 revenue $114.8M, down 13.5% YoY; Healthcare Solutions revenue fell 15.7%, Industrial Solutions down 11.6%.
Net loss of $300.4M ($2.30/sh) driven by $297.7M non-cash goodwill and intangible impairment.
Full-year 2023 revenue $488.1M, down 9.3%; net loss $370.4M; Adjusted EBITDA loss $24.5M.
2024 guidance: revenue $475-505M; Adj. EBITDA break-even or better; restructuring mostly done by mid-2024.
Company delays 10-K filing due to additional close procedures; repurchased $100.6M of convertible notes in Dec 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

3D SYSTEMS CORP reported financial results for fourth quarter and full year ended December 31, 2023.

Period: fourth quarter and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 27, 2024, 3D Systems Corporation (the “Company”) issued a press release announcing the Company’s unaudited results of operations for the fourth quarter and year ended December 31, 2023 (the “Press Release”).

View on SEC.gov

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

3D SYSTEMS CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-048975

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.