voxeljet AG (VJET) Reports Q3 Revenues of KRW4.91M

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Go back to voxeljet AG (VJET) Reports Q3 Revenues of KRW4.91M

voxeljet AG Reports Financial Results for the Third Quarter Ended September 30, 2020

November 12, 2020 4:10 PM EST

FRIEDBERG, Germany--(BUSINESS WIRE)-- voxeljet AG (NASDAQ: 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, 2020.

Highlights - Third Quarter 2020 compared to the Third Quarter 2019

Total revenues for the third quarter increased 10.6% to kEUR 4,908 from kEUR 4,436 Gross profit margin increased to 32.7% from 19.5% Systems revenues increased 64.2% to kEUR 2,686 from kEUR 1,636 Services revenues decreased 20.6% to kEUR 2,222 from kEUR 2,800 Lowered full year... More