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voxeljet AG (NYSE:VJET) has issued its financial guidance for the year ending.
voxeljet AG (NYSE:VJET) has issued its financial guidance for this year.
According to the press release:
- Revenue is expected to be in the range of 28.0 million and 30.0 million Euros. This compares to revenue guidance for the year ended December 31, 2015 of between 23.0 million and 24.0 million Euros, which the Company is affirming.
- Gross margin is expected to be between 40% and 42%.
- Operating expenses for the full year are expected as follows: SG&A expenses in the range of 10.0 million and 11.0 million Euros, and R&D expenses to be approximately 4.0 million to 5.0 million Euros. Depreciation and amortization expense is expected to be between 3.0 million and 4.0 million Euros.
- EBITDA is expected to be neutral-to-positive in 2016.
- Capital expenditures are projected to be in the range of 12.0 million to 13.0 million Euros, which primarily includes ongoing investments in our global subsidiaries.