3D Systems Reports Third Quarter 2020 Financial Results


  Quarter Ended September 30,  Nine Months Ended September 30,
(in millions, except per share amounts) 2020  2019  2020  2019
GAAP Net loss$(72.9) $(16.8) $(129.8) $(65.2)
Adjustments:       
Amortization, stock-based compensation & other (1)7.2  10.9  29.3  35.7 
Legal, acquisition and divestiture related (2)0.4  (0.2) 0.8  7.0 
Cost optimization plan, including severance costs (3)11.9  1.4  14.7  7.1 
Impairment of cost-method investments (4)1.1  0.3  2.2  0.3 
Product end-of-life adjustment (5)    10.9   
Goodwill impairment (6)48.3         48.3      
Non-GAAP net loss $ (4.1 )   $ (4.5 )   $ (23.7 )   $ (15.1 )
Non-GAAP net income per share available to 3D Systems common stock holders - basic and diluted (7) $ (0.03 )   $ (0.04 )   $ (0.20 )   $ (0.13 )

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