From GlobeNewswire:

3D Systems Corporation reported its financial results for Q4 and full year 2023 with a decrease in revenue due to softness in dental orthodontics and delayed printer sales. Q4 revenue was $114,848, representing a 13.5% decrease from Q4 2022. Gross profit margin for Q4 was 40.4% with a net loss of $300,412. For the full year 2023, revenue was $488,069, a 9.3% decrease from 2022. Gross profit margin was 40.7% with a net loss of $370,432. The company is undergoing restructuring to improve margins and aims for sustained profitability in 2024 despite economic challenges. The balance sheet remains strong with over $300 million in cash.



Read more at GlobeNewswire: 3D Systems Reports Fourth Quarter and Full Year 2023