Earnings release
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3D Systems Reports Third Quarter 2021 Financial Results ROCK HILL , South Carolina - November 8 , 2021 - 3D Systems Corporation ( NYSE : DDD ) announced today its financial results for the third quarter ended September 30 , 2021 . Third Quarter Financial and Operational Results Revenue of $ 156.1 million reflects double - digit growth versus third quarter 2020 Revenue adjusted for divestitures ( ¹ ) was 35.9 % higher and 21.2 % higher than third quarter 2020 and pre - pandemic third quarter 2019 , respectively reflecting the continued strong growth momentum of the business Increasing revenue and sustained cost management drove strong profitability , with adjusted EBITDA margin of 10.5 % ; diluted GAAP earnings per share of $ 2.34 , which includes gains from divestitures , and diluted Non - GAAP earnings per share of $ 0.08 ( ¹ ) Financial performance yielded positive operating cash flow of $ 20.7 million , the fourth consecutive quarter of positive cash flow from operations Closed on previously announced divestitures , increasing cash on the balance sheet to $ 502.8 million with no debt Two recently announced acquisitions , Oqton , closed on November 1 , and Volumetric Biotechnologies , anticipated to close in the fourth quarter 2021 , are expected to position the company for continued high - margin growth ( 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 September 30 , 2021 2020 $ $ EA LA LA LA LA $ $ 156.1 $ ( 17.2 ) $ 292.7 2.39 $ 2.34 10.6 $ $ $ $ 10.0 0.08 0.08 16.3 LA CA $ 136.2 ( 67.6 ) ( 72.9 ) ( 0.61 ) ( 0.61 ) ( 4.1 ) ( 0.03 ) ( 0.03 ) 7.2