- April 2024: the company delisted from Nasdaq and now trades OTC.
Showing posts with label VJET. Show all posts
Showing posts with label VJET. Show all posts
Saturday, September 30, 2017
Voxeljet (VJET) : 4-year performance
Friday, July 11, 2014
Friday, April 11, 2014
Wednesday, November 20, 2013
Voxeljet (VJET) plunges on bearish report
Ticker: VJET
Citron Research has issued a short bearish report on Voxeljet AG (ADR)(NYSE:VJET) in which the 3D printer vendor is called “a total [expletive] joke.” The firm notes Voxeljet sold only three printers in Q3, and that the deals were enabled by loans and other incentives.
Citron also points out insiders sold 1.875M shares through last month’s IPO, and netted just $12.09/share (~75% below Voxeljet’s current price).The firm’s conclusion: “VJET is the winner in Wall Street’s race to the bottom. It’s not even a company, it’s just a hobby.”Though Voxeljet is the biggest decliner, other 3D printing plays are staring at big losses for the second straight day: DDD -6.4%. SSYS -4.3%. XONE -7.6%. PRLB -6.2%. Valuations might be weighing on the minds of some investors: 3D Systems and Stratasys still respectively trade at 56x and 47x 2014E EPS.
Citron Research has issued a short bearish report on Voxeljet AG (ADR)(NYSE:VJET) in which the 3D printer vendor is called “a total [expletive] joke.” The firm notes Voxeljet sold only three printers in Q3, and that the deals were enabled by loans and other incentives.
Citron also points out insiders sold 1.875M shares through last month’s IPO, and netted just $12.09/share (~75% below Voxeljet’s current price).The firm’s conclusion: “VJET is the winner in Wall Street’s race to the bottom. It’s not even a company, it’s just a hobby.”Though Voxeljet is the biggest decliner, other 3D printing plays are staring at big losses for the second straight day: DDD -6.4%. SSYS -4.3%. XONE -7.6%. PRLB -6.2%. Valuations might be weighing on the minds of some investors: 3D Systems and Stratasys still respectively trade at 56x and 47x 2014E EPS.
Friday, October 18, 2013
Voxeljet (VJET) began trading on the NYSE on 18 October 2013
- Revenue $11.25M
- Net Income $273,849
- 2012 Sales Growth 10.8%
- Employees 87
Ticker: VJET
Voxeljet produces large-format 3D printing machines and on-demand parts services, which are sold to customers in automotive, aerospace, film, entertainment, art, architecture, engineering and consumer product sectors.
In February, 3D printer maker ExOne (XONE) launched at $18 a share, closed its first day at 26.52 and was trading near 54.30 Friday afternoon, up 2.5%.
The only other publicly traded 3D printer makers have also had top-performing stocks, as the manufacturing technology is fast gaining steam in business and even consumer markets. The largest, 3D Systems (DDD), was up 1% near 57, and is up more than 60% for the year. Stratasys (SSYS) stock was up 2% near 112, and it's up 40% in 2013.
In its IPO filings, Voxeljet said it has a global installed base of 52 printers. It said 2012 revenue rose 20% to 8.7 million euros, or $11.3 million. It said profit rose 393% to 212,000 euros, or $276,000.
In the first six months of the year ended June 30, Voxeljet reported revenue of 4.4 million euros ($5.8 million), down 3.5% from the year-earlier period. In that span, it said it swung to a loss of 376,000 euros ($489,000) from a profit of 319,000 euros.
Voxeljet plans to use the funds from the offering to expand its on-demand parts service center in Europe and build new on-demand parts service centers in North America and Asia. The company also expects to boost its R&D and marketing efforts and set some of the cash aside for acquisitions.
Voxeljet Celebrates IPO at NYSE
German technology company Voxeljet (NYSE:VJET) began trading on the NYSE
today, and executives celebrated the IPO on the Trading Floor.
CEO Ingo Ederer and CFO Rudolf Franz of Voxeljet visit the New York Stock Exchange to celebrate the company's IPO on October 18, 2013 in New York City.
Voxeljet produces large-format 3D printing machines and on-demand parts services, which are sold to customers in automotive, aerospace, film, entertainment, art, architecture, engineering and consumer product sectors.
In February, 3D printer maker ExOne (XONE) launched at $18 a share, closed its first day at 26.52 and was trading near 54.30 Friday afternoon, up 2.5%.
The only other publicly traded 3D printer makers have also had top-performing stocks, as the manufacturing technology is fast gaining steam in business and even consumer markets. The largest, 3D Systems (DDD), was up 1% near 57, and is up more than 60% for the year. Stratasys (SSYS) stock was up 2% near 112, and it's up 40% in 2013.
In its IPO filings, Voxeljet said it has a global installed base of 52 printers. It said 2012 revenue rose 20% to 8.7 million euros, or $11.3 million. It said profit rose 393% to 212,000 euros, or $276,000.
In the first six months of the year ended June 30, Voxeljet reported revenue of 4.4 million euros ($5.8 million), down 3.5% from the year-earlier period. In that span, it said it swung to a loss of 376,000 euros ($489,000) from a profit of 319,000 euros.
Voxeljet plans to use the funds from the offering to expand its on-demand parts service center in Europe and build new on-demand parts service centers in North America and Asia. The company also expects to boost its R&D and marketing efforts and set some of the cash aside for acquisitions.
Subscribe to:
Posts (Atom)