voxeljet: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
voxeljet (NASDAQ:VJET) reported Q3 earnings with an EPS of $-0.37, beating estimates by 22.92% against an expected $-0.48. Revenue increased by $930 thousand compared to the same period last year. Despite beating EPS estimates last quarter, VJET's share price dropped by 24.34% the following day. Historical earnings performance shows mixed results with both beats and misses on EPS and revenue estimates.
November 16, 2023 | 9:10 pm
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voxeljet reported a better-than-expected Q3 EPS of $-0.37, beating estimates by 22.92%, with a revenue increase from the previous year. However, past performance indicates potential volatility post-earnings announcement.
While voxeljet's earnings beat is positive, the company's history of share price decline following an earnings beat last quarter suggests that the market reaction could be mixed. The increase in revenue is a positive sign, but investor sentiment may remain cautious due to past volatility.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100