voxeljet AG (VJET) Misses Q2 EPS, Miss on Revenues; Reaffirm FY17 Guidance

voxeljet AG (NYSE: VJET) reported Q2 EPS of ($0.85), $0.51 worse than the analyst estimate of ($0.34). Revenue for the quarter came in at $6.07 million versus the consensus estimate of $7.12 million.

Highlights - Second Quarter 2017

• Total revenues for the second quarter decreased 18.2% to kEUR 5,153 from kEUR 6,296
• Gross profit margin improved to 40.9% from 36.6%
• Systems revenues decreased 33.4% to kEUR 2,542 from kEUR 3,815
• Services revenues increased 5.2% to kEUR 2,611 from kEUR 2,481
• Reaffirm full year 2017 guidance

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

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