2023-08-09 06:39:43 ET
- 3D Systems press release ( NYSE: DDD ): Q2 Non-GAAP EPS of -$0.07 misses by $0.01 .
- Revenue of $128.19M (-8.5% Y/Y) misses by $6.25M .
- Q2 2023 Adjusted EBITDA of negative $6,898 improved over 30% sequentially.
- First half 2023 discretionary investments in Regenerative Medicine exceeded $4,000 as progress and technology feasibility are increasingly demonstrated.
- Revising annual revenue guidance to $525-$545 million and updating Adjusted EBITDA guidance to attainment of positive Adjusted EBITDA in the fourth quarter of 2023.
- Revenue of $525 - $545 million vs. consensus of $547.22M; Non-GAAP Gross Profit Margin of 40% - 42%.
For further details see:
3D Systems misses Q2 top and bottom line estimates; updates FY23 outlook