VoxelJet 2016 First Quarter Earnings Weak, Company Firm on 2016 Outlook

While first quarter financials look rather weak for voxeljet, the company remains firm in their positivity—at least in giving out quotes and saying they will stick with their 2016 outlook. Showing a total revenues decrease from 12.9% to kEUR 4,870 from kEUR 5,589, these figures were balanced somewhat by positive revenues from their US subsidiary. Gross margin was 27.3% compared to 33.6% for last quarter. The company sees their new subsidiaries in both India and China as elements that will strengthen the company very soon. Read more at 3DPrint.com: https://3dprint.com/134139/voxeljet-...-2016-results/
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