voxeljet AG (VJET) Reports Q2 Loss of EUR1.06

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Go back to voxeljet AG (VJET) Reports Q2 Loss of EUR1.06

voxeljet AG Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2020

August 13, 2020 4:10 PM EDT

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 second quarter and six months ended June 30, 2020.

Highlights - Second Quarter 2020 compared to the Second Quarter 2019

Total revenues for the second quarter decreased 22.5% to kEUR 3,916 from kEUR 5,050 Gross profit margin decreased to 25.9% from 30.2% Systems revenues decreased 12.1% to kEUR 1,871 from kEUR 2,129 Services revenues decreased 30.0% to kEUR 2,045 from kEUR... More