voxeljet AG (VJET) Misses Q4 EPS
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Voxeljet (VJET) FY16 Results Remain Beatable; PT Raised - Piper Jaffray
April 4, 2016 8:00 AM EDTPiper Jaffray analyst, Troy Jensen, reiterated his Overweight rating on Voxeljet AG (NYSE: VJET) shares and increased his price target from $5.50 to $7.30 after the company reported Q4 results that were in-line with expectations and reiterated FY16 guidance.
December quarter revenues of 8.3M increased 19.4% on a Y/ Y basis, which was also in-line with Street expectations (8.3M). Sales in the fourth quarter were driven by healthy growth in printer sales, as well as strong demand for sand and... More
