Investing.com - Voxeljet (NASDAQ:VJET) Ag reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Voxeljet Ag announced earnings per share of €-0.77 on revenue of €8.86M. Analysts polled by Investing.com anticipated EPS of €-1.2 on revenue of €11.2M.
Voxeljet Ag shares are up 40.87% from the beginning of the year, still down 62.48% from its 52 week high of €40.00 set on February 9. They are outperforming the Nasdaq which is up 1.22% from the start of the year.
Voxeljet Ag follows other major Technology sector earnings this month
Voxeljet Ag's report follows an earnings beat by Adobe on March 23, who reported EPS of €3.14 on revenue of €3.91B, compared to forecasts EPS of €2.79 on revenue of €3.75B.
Oracle had beat expectations on March 10 with third quarter EPS of €1.16 on revenue of €10.09B, compared to forecast for EPS of €1.11 on revenue of €10.07B.
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