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Dec 31, 2022

3D Systems Q4 2022 Earnings Report

Announced financial results for the fourth quarter and full year ended December 31, 2022.

Key Takeaways

3D Systems' fourth-quarter revenue decreased by 12.0% to $132,732 compared to the same period last year. The decline primarily reflects lower sales to certain dental market customers due to macroeconomic factors.

Revenue for the fourth quarter of 2022 decreased 12.0% to $132,732 compared to the same period last year.

Non-GAAP revenue on a constant currency basis decreased 7.6%.

Industrial Solutions revenue decreased 5.7% to $72,038 compared to the same period last year.

Healthcare Solutions revenue decreased 18.5% to $60,694 compared to the same period last year.

Total Revenue
$133M
Previous year: $151M
-12.0%
EPS
-$0.06
Previous year: $0.09
-166.7%
Gross Profit
$41.2
Previous year: $66.2M
-100.0%
Cash and Equivalents
$569K
Previous year: $790M
-99.9%
Free Cash Flow
-$21.4M
Previous year: -$18.5M
+15.9%
Total Assets
$1.45B
Previous year: $1.55B
-6.6%

3D Systems

3D Systems

3D Systems Revenue by Segment

Forward Guidance

The company is providing full-year 2023 financial guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income