voxeljet AG Reports Financial Results for the Third Quarter Ended September 30, 2019

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Go back to voxeljet AG Reports Financial Results for the Third Quarter Ended September 30, 2019

voxeljet AG (VJET) Reports Q3 Loss of EUR0.80

November 14, 2019 4:39 PM EST

voxeljet AG (NYSE: VJET) reported Q3 EPS of (EUR0.80), versus (EUR1.02) reported last year. Revenue for the quarter came in at EUR4.44 million, versus EUR7.12 million reported last year.

Highlights - Third Quarter 2019 compared to the Third Quarter 2018

Total revenues for the third quarter decreased 37.7% to kEUR 4,436 from kEUR 7,121Gross profit margin decreased to 19.5% from 32.5%Systems revenues decreased 56.3% to kEUR 1,636 from kEUR 3,744Services revenues decreased 17.1% to kEUR 2,800 from kEUR 3,377Restructuring of voxeljet UKLowered full year 2019 revenue guidance to between kEUR 24,000 and kEUR... More