Sales increase for 3D Systems

3D Systems says that it had revenues of US$162.6 million for Q2 2021, an increase of 44.1% compared to the same period last year.

‘In our second quarter last year we were in the rapidly-tightening grip of the Covid pandemic, with virtually no visibility into the magnitude or duration of the impact on our company,’ said CEO Dr Jeffrey Graves. ‘Today, after perhaps the most challenging 12 months that any of us has experienced, our world has changed for the better in several ways. Not only is the global economy rebounding, but additive manufacturing is being implemented at an increasing rate in production as companies seek a more capable and flexible supply chain for critical components.

Revenue from Healthcare increased 68.6% to US$82.8 million, compared to the same period last year, and increased 14.2% compared to last quarter. Compared to Q2 2020, Industrial sales increased 25.3% to US$79.7 million, and increased 49.6% when excluding businesses divested in 2020 and 2021, the company said.

This story uses material from 3D Systems, with editorial changes made by Materials Today.