3D Systems Reports Fourth Quarter and Fiscal 2020 Financial Results (Unaudited), Reports Form 10-K NYSE: DDD

3D Systems Reports Fourth Quarter and Fiscal 2020 Financial Results (Unaudited), Reports Form 10-K NYSE: DDD

ROCK HILL, SC, March 01, 2021 (GLOBE NEWSWIRE) – 3D Systems Corporation (NYSE: DDD) today announced that it will delay filing its annual report on Form 10-K for the fiscal year ended December 31, 2020 File Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission, which extends the deadline for filing Form 10-K. The company confirms its intention to hold a fourth quarter and full year 2020 conference call on Tuesday, March 2, 2021.

The company noted that the delay in filing is mainly related to the presentation of cash flows related to the process of selling its Cimatron and GibbsCam software activities. Based on a preliminary analysis, the company estimates that any financial impact resulting from this review is recognized in its fourth quarter and full year 2020 results presented below. Delayed filing has no impact on business operations. 3D Systems CEO Dr Jeff Graves said: “Although we were very disappointed that we were not able to complete the audit in a timely manner, we are happy to provide our preliminary financial results for the fourth. quarter and the year 2020, and look forward to the future. to discuss these results and our progress in positioning 3D Systems for profitable and sustained growth during our conference call tomorrow.

Fourth quarter financial and operating results (unaudited)

Revenue of $ 172.7 million in Q4 2020, compared to $ 168.2 million in Q4 2019 and …Source

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