{"id":68499,"date":"2019-07-29T13:10:50","date_gmt":"2019-07-29T05:10:50","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/voxeljet-issues-financial-guidance-for-fy-2018-and-preliminary-fy-2017-results.3dm"},"modified":"2019-07-29T13:10:50","modified_gmt":"2019-07-29T05:10:50","slug":"voxeljet-issues-financial-guidance-for-fy-2018-and-preliminary-fy-2017-results","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/voxeljet-issues-financial-guidance-for-fy-2018-and-preliminary-fy-2017-results\/","title":{"rendered":"voxeljet issues financial guidance for FY 2018 and preliminary FY 2017 results"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">18<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">6<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">12<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p>3D printing financial results season continues with preliminary reporting from voxeljet.<\/p>\n<p>Industrial 3D printing service and large-scale hardware provider voxeljet (NYSE:VJET) has also issued financial guidance for 2018.<\/p>\n<p>A preliminary assessment expects revenue for 2017 ranging from \u20ac26.0 million to \u20ac28.0 million. Voxeljet revenue guidance for 2018 is \u20ac28.0 million to \u20ac30.0 million.<\/p>\n<p>According to Rudolf Franz, Chief Operating Officer and Chief Financial Officer of voxeljet, &#8220;With a strong balance sheet and a robust lineup of new and advanced products, we have the foundation in place to fuel voxeljet\u2019s next phase of long-term growth.&#8221;<\/p>\n<p><strong>Innovation focus<\/strong><\/p>\n<p>At formnext 2017 voxeljet unveiled its first 3D printer to include high speed sintering (HSS) technology. Installed in the VX200 introductory 3D printer, HSS technology debuted as a method for material developers, researchers and OEMs seeking innovation.<\/p>\n<p style=\"text-align: center;\"><iframe src=\"https:\/\/www.youtube.com\/embed\/2jiPUORBu8Q\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>New innovations can also be expected from voxeljet throughout 2018, as Franz explains, &#8220;We focus on ongoing innovation as an integral part of our strategy of commanding full price and creating a healthy pull marketplace.&#8221;<\/p>\n<p>The projected R&amp;D expense for the full year 2018 is expected to be in the range of \u20ac5.0 million to \u20ac6.0 million.<\/p>\n<p><strong>Q1 2018 performance <\/strong><\/p>\n<p>So far, in the first quarter of 2018, voxlejet has signed a 3-year Volume Contract with Tooling and Equipment International (TEI), promising to deliver over 500,000 liters of 3D printed sand for metal casting purposes.<\/p>\n<p>Revenue guidance for Q1 2018 is in the range of \u20ac4.5 million and 5.5 million euros. In Q1 2017, the company reported a revenue of \u20ac4.5 million euros.<\/p>\n<figure id=\"attachment_129884\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-129884\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-1024x610.jpg\" alt=\"Large scale 3D printed object made by voxeljet. Photo via voxeljet\" width=\"1024\" height=\"610\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-1024x610.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-170x100.jpg 170w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-770x458.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-200x119.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-500x298.jpg 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Large scale 3D printed object made by voxeljet. Photo via voxeljet<\/figcaption><\/figure>\n<p><strong>Full year 2017<\/strong><\/p>\n<p>Voxeljet&#8217;s Revenue for FY 2017 is expected to be below the \u20ac26.0 million &#8211; \u20ac28.0 million guidance and within the range of \u20ac22.5 million and \u20ac23.5 million. According to the company this because &#8220;the relatively strong second half of 2017 could not fully compensate the weaker first half of 2017.&#8221;<\/p>\n<p>The gross margin for 2018 is expected to be above 40%, and adjusted EBITDA (excluding the impact of foreign exchange valuations) is expected to be neutral-to-positive in 2018.<\/p>\n<p>Actual values for FY 2017 will be reported after the closing of the financial markets on Thursday, March 29, 2018.<\/p>\n<p>You can read more financial results of leading 3D printing enterprises here.<\/p>\n<p><em>Stay up to date with all the latest 3D printing news and financials by subscribing to the most widely read newsletter in the industry <span class=\"s1\">following us on <span class=\"s2\">Twitter<\/span>, and liking us on <span class=\"s2\">Facebook<\/span>.<\/span><\/em><\/p>\n<p><em>Protolabs is sponsoring the 2018 <a href=\"\/service\/3d-printing\"> Industry Awards design competition<\/a>. Submit your design now to win a 3D printer.<\/em><\/p>\n<p><em>Featured image shows the sign at voxeljet HQ. Photo via voxeljet<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>18shares 6 12 0 3D printing financial results season continues with preliminary reporting from voxeljet. Industrial 3D printing service and large-scale hardware provider voxeljet (NYSE:VJET) has also issued financial guidance for 2018. A preliminary assessment expects revenue for 2017 ranging from \u20ac26.0 million to \u20ac28.0 million. Voxeljet revenue guidance for 2018 is \u20ac28.0 million to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182556,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/03\/Voxeljet-165-3000-1024x610.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>voxeljet issues financial guidance for FY 2018 and preliminary FY 2017 results - FacFox News<\/title>\n<meta name=\"description\" content=\"18shares61203D printing financial results season continues with preliminary reporting from voxeljet. 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