Earnings release
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3D Systems Reports Second Quarter 2021 Financial Results ROCK HILL , South Carolina - August 9 , 2021 - 3D Systems Corporation ( NYSE : DDD ) announced today its financial results for the second quarter ended June 30 , 2021 . Second Quarter Financial and Operational Results • • Revenue of $ 162.6 million reflects double - digit growth on a consecutive - quarter and year - over - year basis Adjusted for divestitures , revenue was 11.4 % higher than second quarter 2019 reflecting acceleration beyond pre - pandemic performance levels , a key indicator of business strength Strong gross margins and operating efficiencies drove significantly improved profitability , with Adjusted EBITDA margin of 12.4 % , GAAP loss per share of $ 0.08 and non - GAAP earnings per share of $ 0.12 Financial performance yielded positive operating cash flow of $ 13.5 million to support ongoing investments for organic growth Announced agreements to sell remaining non - core assets , with anticipated completion in Q3 . Following close of transactions , cash on the balance sheet is expected to rise from $ 131.8 million at quarter end to over $ 500 million with no debt Company is well positioned for continued organic growth and profitability , with a strong balance sheet to support strategic investments ( in millions , expect per share data ) Revenue Operating loss Net income ( loss ) Net income ( loss ) per share - basic Net income ( loss ) per share - diluted Non - GAAP measures for year - over - year comparisons ( 1 ) Non - GAAP operating income ( loss ) Non - GAAP net income ( loss ) Non - GAAP income ( loss ) per share - basic Non - GAAP income ( loss ) per share - diluted Adjusted EBITDA ( 1 ) See Appendix for reconciliation of non - GAAP to GAAP measures Quarter Ended June 30 , 2021 2020 $ 162.6 $ 112.8 SA SA SA $ ( 10.1 ) $ ( 33.9 ) ( 9.6 ) $ ( 38.0 ) ( 0.08 ) $ ( 0.33 ) EA $ ( 0.08 ) ( 0.33 ) 13.8 $ ( 10.8 ) $ 14.2 $ ( 15.1 ) 0.12 $ ( 0.13 ) 0.12 $ ( 0.13 ) 20.1 $ ( 3.6 )