3D Systems (DDD) Misses Q2 EPS by 3c

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3D Systems Reports Second Quarter 2020 Financial Results

August 5, 2020 4:03 PM EDT

ROCK HILL, S.C., Aug. 05, 2020 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE: DDD) announced today its financial results for the second quarter ended June 30, 2020.

Second Quarter Financial and Operational Results

Reorganizing to focus on two market verticals Healthcare and IndustrialRestructuring to reduce operating costs by $100 million per yearQ2 2020 GAAP revenue of $112.1 million, compared to $157.3 million in Q2 2019Q2 2020 GAAP loss of $0.33 per share compared to a loss of $0.21 per share in Q2 2019Q2 2020 Non-GAAP loss of $0.13 per share compared to $0.00 per share in Q2 2019... More