3D Systems (DDD) Tops Q1 EPS by 1c

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3D Systems Reports First Quarter 2020 Financial Results

May 6, 2020 4:01 PM EDT

ROCK HILL, S.C., May 06, 2020 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE: DDD) announced today its financial results for the first quarter ended March 31, 2020.

For the first quarter of 2020, the company reported GAAP revenue of $134.7 million, compared to $152.0 million in the same period last year. The COVID-19 pandemic had a negative impact on these results. Printer revenue decreased by 35.5 percent. Materials revenue decreased 0.1 percent, healthcare solutions revenue decreased 7.3 percent, on demand services revenue decreased 12.8 percent and software revenue decreased 7.7 percent. The company reported first quarter 2020... More