3D Systems Reports Second Quarter 2020 Financial Results


  Quarter Ended June 30,  Six Months Ended June 30,
(in millions, except per share amounts) 2020  2019  2020  2019
GAAP Net loss$(38.0) $(23.9) $(56.9) $(48.3)
Adjustments:       
Amortization, stock-based compensation & other (1)11.4   12.6   22.1   24.8  
Legal, acquisition and divestiture related (2)—   6.8   0.4   7.2  
Cost optimization plan, including severance costs (3)0.5   3.9   2.8   5.6  
Impairment of cost-method investments (4)—   —   1.1   —  
Product end-of-life adjustment (5)10.9   —   10.9   —  
Non-GAAP net loss$(15.1 )   $ (0.6 )   $ (19.6 )   $ (10.7 )
Non-GAAP net income per share available to 3D Systems common stock holders - basic and diluted (6) $ (0.13 )   $ —      $ (0.17 )   $ (0.09 )

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