3D Systems Reports First Quarter 2024 Financial Results

(1)Amounts in table may not foot due to rounding
  


Net (Loss) Income to Adjusted EBITDA (1)
 
  Three Months Ended March 31,
(in thousands) 2024  2023
Net (loss) income attributable to 3D Systems Corporation$(16.0) $(29.4)
Interest (income) expense, net$(2.1) $(3.8)
Provision for income taxes$1.4  $ 
Depreciation expense$5.0  $5.3 
Amortization expense$2.3  $3.2 
EBITDA$(9.4) $(24.7)
Stock-based compensation expense$8.2  $10.3 
Acquisition and divestiture-related expense$0.1  $2.7 
Legal expense$4.2   $ 0.1  
Restructuring expense $     $ 1.7  
Redeemable non-controlling interest $ (0.1 )   $ (0.1 )
Loss on equity method investment $ 0.2     $  
Debt extinguishment gain $ (21.5 )   $  
Other (income) expense, net $ (1.8 )   $ (0.1 )
Adjusted EBITDA $ (20.1 )   $ (10.1 )



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