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Stockreport

Voxeljet marks beat on revenue, narrower loss [Seeking Alpha]

VOXELJET AG (VJET)  More Company Research Source: Seeking Alpha
Last voxeljet ag earnings: 8/16 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.voxeljet.com
PDF Voxeljet ( VJET ) -- riding high along with 3-D printing peers of late -- beat revenue expectations with its Q1 earnings report and narrowed its net loss. Revenues were down 7% overall; systems revenues declined with two printers delivered in Q1 vs. a year-ago three printers. Services revenues were up with higher contribution from its German operation, and growth at Voxeljet America. Total backlog of 3-D printer orders was €4.3M (five printers), vs. a backlog at the end of last quarter of €3.78M (also five printers). Revenue breakout: Systems revenues, €1.69M (down 39.2%); Services revenues, €2.84M (up 35.9%). For Q2, it's guiding to revenue of €5.5M-€6.5M, and it reaffirmed its full-year forecast for revenue of €26M-€28M, gross margin over 40%, EBITDA that's neutral to positive, and capex of €8M-€9M. With relatively thin trading, shares started the postmarket session but have turned lower, . Press Release Now read: Technical Communications report [Read more]

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