Voxeljet reports Q2 results with 33% drop in Systems revenue [Seeking Alpha]
voxeljet AG - American Depositary Shares (VJET)
Last voxeljet ag - american depositary shares earnings: 11/14 04:10 pm
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Source: Seeking Alpha
Voxeljet (NYSE: VJET ) reports Q2 earnings with revenue down over 18% on the year. Systems revenues were down 33.4% to €2.5M due largely to low printer sales. Services revenues increased 5.2% to €2.6M due to higher contributions from subsidiaries in America and China, which offset lower contributions from the UK. The gross profit margin for the Systems segment increased to 36.4% from 29.1% in the prior year’s quarter. Gross profit margin for the Services segment was 45.4%, down from 48% last year due to lower release of accruals for compensation. Q3 guidance reiterated with revenue from €7M to €8M. Full year guidance reiterated: revenue, €26M to €28M; gross margin, above 40%. Press release Voxeljet shares are aftermarket. Previously: Voxeljet AG reports Q2 results (Aug. 14) Now read: China Finance Online reports Q2 results »
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News
- voxeljet AG (NYSE: VJET) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- voxeljet AG (NYSE: VJET) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- voxeljet AG Accelerates Strategic Realignment and Announces its Plan to (i) Voluntarily Delist its ADSs from NASDAQ and (ii) Deregister its ADSs [Yahoo! Finance]Yahoo! Finance
- voxeljet AG Announces Restatement and Extension of Loan Financing with Anzu [Yahoo! Finance]Yahoo! Finance
- voxeljet AG Accelerates Strategic Realignment and Announces its Plan to (i) Voluntarily Delist its ADSs from NASDAQ and (ii) Deregister its ADSsBusiness Wire
VJET
Sec Filings
- 3/22/24 - Form 25
- 3/14/24 - Form 6-K
- 3/13/24 - Form SC
- VJET's page on the SEC website