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

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

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

November 14, 2019 4:10 PM EST

FRIEDBERG, Germany--(BUSINESS WIRE)-- voxeljet AG (NYSE: VJET) (the Company, or voxeljet), a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced consolidated financial results for the third quarter ended September 30, 2019.

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 7,121 Gross profit margin decreased to 19.5% from 32.5% Systems revenues decreased 56.3% to kEUR 1,636 from kEUR 3,744 Services revenues decreased 17.1% to kEUR 2,800 from kEUR 3,377 Restructuring of voxeljet... More