3D Systems Reports Fourth Quarter and Full Year 2022 Financial Results

Unaudited Non-GAAP Operating Income to Adjusted EBITDA Reconciliation
Three Months and Year Ended December 31, 2022 and 2021

  Three Months Ended December 31, (1)  Year Ended December 31, (1)
(in thousands)  2022    2021    2022    2021 
Revenue$132,732  $150,870  $538,031  $543,967 
Non-GAAP Operating Income (9,912)  12,359   (26,877)  33,529 
Depreciation 5,104   5,570   21,096   22,622 
Adjusted EBITDA$(4,808) $17,929     $ (5,781 )   $ 56,151  
Adjusted EBITDA Margin   (3.6 )%     11.9 %   (1.1)%     10.3 %
(1)  Amounts in table may not foot due to rounding

3D Systems Corporation

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