Updating 2023 Outlook
3D Systems is raising its full-year 2023 Adjusted EBITDA financial guidance and confirming its 2023 revenue, non-GAAP gross profit margin and free cash flow financial guidance as follows:
| Full Year 2023 Guidance as of: |
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| February 28, 2023 | May 8, 2023 | |
| Revenue: | $545 – $575 million | $545 – $575 million |
| Non-GAAP Gross Profit Margin: | 40% – 42% | 40% – 42% |
| Adjusted EBITDA: | Break even or better | $2 million or better |
| Free Cash Flow: | Break even or better | Break even or better |
For purposes of the above guidance, free cash flow is defined as Adjusted EBITDA less changes in working capital less capital expenditures.
