voxeljet AG Reports Financial Results for the Second Quarter Ended June 30, 2019

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Go back to voxeljet AG Reports Financial Results for the Second Quarter Ended June 30, 2019

voxeljet AG (VJET) Reports Q2 Loss of EUR0.79; Provides Q3 & FY19 Revenue Guidance

August 15, 2019 4:28 PM EDT

voxeljet AG (NYSE: VJET) reported Q2 EPS of (EUR0.79), versus (EUR0.79) reported last year. Revenue for the quarter came in at EUR5.05 million, versus EUR5.26 million reported last year.

Highlights - Second Quarter 2019(1) compared to the Second Quarter 2018

Total revenues for the second quarter decreased 4.0% to kEUR 5,050 from kEUR 5,262Gross profit margin decreased to 30.2% from 35.2%Systems revenues increased 13.1% to kEUR 2,129 from kEUR 1,883Services revenues decreased 13.6% to kEUR 2,921 from kEUR 3,379Reaffirm full year 2019 guidance

Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented,... More