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

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