voxeljet Q3 EPS $(0.37), Sales $6.71M Beat $6.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
voxeljet (NASDAQ:VJET) reported Q3 earnings with losses of $(0.37) per share, surpassing the consensus estimate of $(0.48) by 22.92%. Year-over-year, this marks a 70.16% improvement from $(1.24) per share. Sales reached $6.71M, exceeding estimates by 3.60% and showing a 16.08% increase from the previous year's $5.78M.
November 16, 2023 | 9:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
voxeljet reported better-than-expected Q3 results with a significant reduction in losses and an increase in sales compared to the same period last year.
The positive earnings report, with a notable beat on both the top and bottom lines, suggests improved financial health and operational efficiency compared to the previous year. This typically leads to increased investor confidence and could result in a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100