voxeljet AG (VJET) Reports Q3 Loss of EUR0.95

November 10, 2016 4:15 PM EST
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voxeljet AG (NYSE: VJET) reported Q3 EPS of (EUR0.95), versus (EUR0.91) reported last year. Revenue for the quarter came in at EUR4.9 million, versus EUR4.71 million reported last year.

Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented, “We are in the middle of executing on our Vision 2020 and we are making good progress. We focus on speed to market and lowering our costs to serve our customers more effectively. Our key initiatives for achieving these objectives include standardization of our product portfolio as well as optimized internal processes. Regarding short term business, we continue to operate in a complex economic environment with lower than anticipated customer adoption rates. For the mid to long term we are excited about upcoming opportunities in all markets, especially with our new and improved processes”.

For earnings history and earnings-related data on voxeljet AG (VJET) click here.

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