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Stock Market & Financial Investment News

News Breaks
April 11, 2014
06:15 EDTVJETVoxeljet 3M share Secondary priced at $15.00
The deal size was reduced to 3M shares from 4M shares. Piper Jaffray and Citigroup acted as joint book running managers for the offering.
News For VJET From The Last 14 Days
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February 2, 2016
17:04 EDTVJETvoxeljet sees FY16 revenue EUR28M-EUR30M, consensus EUR30.82M
FY16 gross margin is expected to be between 40%-42%. EBITDA is expected to be neutral-to-positive in 2016. Capital expenditures are projected to be in the range of EUR12M-13M, which primarily includes ongoing investments in global subsidiaries. Rudi Franz, CFO of voxeljet commented, "We enter 2016 with momentum as both customer interest and quoting activity remains strong and the outlook for 3D printer sales for industrial production applications is positive. Furthermore, while our long-term targeted revenue growth rate is now in the range of 25 to 30%, our overall growth strategy continues as we strengthen our brand and leadership in the market through the establishment of our global subsidiaries, which will contribute to our results progressively throughout the year. Our balance sheet remains strong with cash and cash equivalents of approximately 33.0 million Euros at December 31, 2015. We expect 2016 to be another exciting year for voxeljet."
11:34 EDTVJETvoxeljet management to meet with Stephens
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