voxeljet AG (VJET) Reports Q1 Loss of EUR1.51/sh

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Go back to voxeljet AG (VJET) Reports Q1 Loss of EUR1.51/sh

voxeljet AG Reports Financial Results for the First Quarter Ended March 31, 2021

May 13, 2021 4:15 PM EDT

FRIEDBERG, Germany--(BUSINESS WIRE)-- voxeljet AG (NASDAQ: VJET) (the Company, or voxeljet), a 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 first quarter ended March 31, 2021.

Highlights - First Quarter 2021

Total revenues for the first quarter increased 4.5% to kEUR 4,060 from kEUR 3,884 Gross profit margin and gross profit decreased to 25.6% from 29.7% and to kEUR 1,039 from kEUR 1,155, respectively Systems revenues increased 59.9% to kEUR 2,087 from kEUR 1,305 Services revenues decreased 23.5% to kEUR 1,973 from kEUR 2,579 Successful... More