voxeljet AG Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2015

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Go back to voxeljet AG Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2015

Voxeljet (VJET) FY16 Results Remain Beatable; PT Raised - Piper Jaffray

April 4, 2016 8:00 AM EDT

Piper 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