Shapeways Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:12 pm EST
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Shapeways Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 8.37 million compared to USD 8.45 million a year ago. Net loss was USD 19.19 million compared to USD 4.55 million a year ago. Basic loss per share from continuing operations was USD 2.75 compared to USD 0.68 a year ago. Diluted loss per share from continuing operations was USD 2.75 compared to USD 0.68 a year ago.
For the nine months, sales was USD 25.01 million compared to USD 24.45 million a year ago. Net loss was USD 33.38 million compared to USD 13.26 million a year ago. Basic loss per share from continuing operations was USD 4.89 compared to USD 2 a year ago. Diluted loss per share from continuing operations was USD 4.89 compared to USD 2 a year ago.
Shapeways Holdings, Inc. is a digital manufacturing company. The Company offers customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. Its manufacturing platform offers customers access to quality manufacturing from start to finish through automation and digitization. The Company supports customers through the design, pre-production, manufacturing, and delivery processes across a range of industries, materials, part volumes, and delivery options. Its software supports ordering, part analysis, manufacturing planning, pre-production, and manufacturing. Its software includes manufacturing preparation technology, 2D and 3D tray planning, and machine integration. The Company utilizes approximately 12 additive manufacturing technologies to produce parts in over 120 materials and finishes. It has manufacturing facilities in Livonia and Charlotte, Michigan within the United States and in Eindhoven, the Netherlands.