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VOXELJET AG SP/ADR - $vjtty STOCK NEWS

Welcome to our dedicated page for VOXELJET SP/ADR news (Ticker: $vjtty), a resource for investors and traders seeking the latest updates and insights on VOXELJET SP/ADR stock.

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Rhea-AI Summary

voxeljet AG, a provider of 3D printers and on-demand parts services, announced its best first-quarter financial performance in history for the period ending March 31, 2024. The company reported a 15.6% year-over-year increase in total revenue to kEUR 6,956 and a 49.6% increase in gross profit to kEUR 2,868. Dr. Ingo Ederer, CEO of voxeljet, expressed satisfaction with the results and highlighted progress on the development of an extremely large 3D printer for GE Wind Energy.

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Rhea-AI Sentiment
End-of-Day
6.25%
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Rhea-AI Summary
voxeljet AG (VJTTY) reports a strong financial performance for the fourth quarter and full year 2023, with total revenues increasing by 32.9% and 19.7% respectively. The company achieved positive EBITDA and adjusted EBITDA for the fourth quarter. Despite a decrease in services revenues for the full year, voxeljet set new records for both quarterly and full-year revenues. An agreement with Anzu Partners to amend and expand a loan note will provide financing for operational needs and the delisting of ADSs from Nasdaq. The company expects the ADS to start trading on the OTC market following delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.04%
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