Quarter and Six Months Ended June 30, 2020 and 2019
| Quarter Ended June 30, | Six Months Ended June 30, | ||||||||||||||
| (in thousands, except per share amounts) | 2020 | 2019 | 2020 | 2019 | |||||||||||
| Revenue: | |||||||||||||||
| Products | $ | 61,496 | $ | 93,758 | $ | 140,305 | $ | 186,105 | |||||||
| Services | 50,564 | 63,514 | 106,460 | 123,147 | |||||||||||
| Total revenue | 112,060 | 157,272 | 246,765 | 309,252 | |||||||||||
| Cost of sales: | |||||||||||||||
| Products | 52,489 | 53,005 | 101,385 | 108,765 | |||||||||||
| Services | 24,404 | 30,968 | 53,081 | 61,483 | |||||||||||
| Total cost of sales | 76,893 | 83,973 | 154,466 | 170,248 | |||||||||||
| Gross profit | 35,167 | 73,299 | 92,299 | 139,004 | |||||||||||
| Operating expenses: | |||||||||||||||
| Selling, general and administrative | 52,042 | 71,654 | 108,148 | 136,761 | |||||||||||
| Research and development | 16,997 | 20,811 | 36,241 | 42,714 | |||||||||||
| Total operating expenses | 69,039 | 92,465 | 144,389 | 179,475 | |||||||||||
| Loss from operations | (33,872 | ) | (19,166 | ) | (52,090 | ) | (40,471 | ) | |||||||
| Interest and other (expense) income, net | (2,615 | ) | (2,755 | ) | (5,179 | ) | (3,957 | ) | |||||||
| Loss before income taxes | (36,487 | ) | (21,921 | ) | (57,269 | ) | (44,428 | ) | |||||||
| (Provision) benefit for income taxes | (1,464 | ) | (1,938 | ) | 394 | (3,782 | ) | ||||||||
| Net loss | (37,951 | ) | (23,859 | ) | (56,875 | ) | (48,210 | ) | |||||||
| Less: net income attributable to noncontrolling interests | — | 70 | — | 114 | |||||||||||
| Net loss attributable to 3D Systems Corporation | $ | (37,951 | ) | $ | (23,929 | ) | $ | (56,875 | ) | $ | (48,324 | ) | |||
| Net loss per share available to 3D Systems Corporation common stockholders - basic and diluted | $ | (0.33 | ) | $ | (0.21 | ) | $ | (0.49 | ) | $ | (0.43 | ) | |||
3D Systems Corporation
