ROCK HILL, SC, Oct 31, 2019 – 3D Systems Corp. announced its financial results for the third quarter ended September 30, 2019. For the third quarter of 2019, the company reported GAAP revenue of $155.3 million, compared to $157.3M in the second quarter of the same year.
“Despite continued headwinds in the industry, we achieved modest growth in Materials and Healthcare this quarter, driven by customer demand for our core and new product solutions,” commented Vyomesh Joshi , president and chief executive officer, 3D Systems. “We remain focused on cost reductions, cash generation and profitability in the near-term and driving long-term growth with the opportunities we have in our product portfolio and target markets.”
About 3D Systems
3D Systems provides comprehensive 3D products and services, including 3D printers, print materials, on-demand manufacturing services and digital design tools. Its ecosystem supports advanced applications from the product design shop to the factory floor to the operating room. 3D Systems’ precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. As the originator of 3D printing and a shaper of future 3D solutions, 3D Systems has spent its 30 year history enabling professionals and companies to optimize their designs, transform their workflows, bring innovative products to market and drive new business models.
More information on the company is available at www.3dsystems.com.