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Dec 31, 2021
3D Systems Q4 2021 Earnings Report
Announced its financial results, showing a revenue decline due to divestitures, but adjusted revenue growth in both Industrial and Healthcare Solutions segments. Achieved diluted GAAP loss per share and non-GAAP income per share due to strong revenue and gross profit margins.
Key Takeaways
3D Systems reported a decrease in Q4 2021 revenue to $150.9 million, which declined 12.6% compared to Q4 2020. This decrease was solely driven by divestitures of non-core assets. However, adjusted for divestitures, Q4 2021 revenue increased by 13.1% compared to Q4 2020. The company reported a GAAP loss per share of $0.05 and a non-GAAP income per share of $0.09.
Q4 2021 revenue was $150.9 million, a 12.6% decrease compared to Q4 2020, solely due to divestitures.
Adjusted for divestitures, Q4 2021 revenue increased 13.1% compared to Q4 2020 and 10.4% compared to Q3 2021.
Adjusted EBITDA margin of 11.8% reflects a disciplined approach to growth and cost management.
Diluted GAAP loss per share was $0.05, and diluted non-GAAP income per share was $0.09, driven by strong revenue and gross profit margins.
Forward Guidance
The company expects full-year 2022 revenue to be within a range of $570 million and $630 million. The company expects full-year 2022 non-GAAP gross margins to be between 40% to 44% and non-GAAP operating expenses to be between $225 million and $250 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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