Financial results from a few of the major publicly traded 3D printing companies have been a bit disappointing this quarter :( 3D Systems cut its projected profits for 2014 after issues handling the high demand for their metal and consumer 3D printers. Stratasys, too, cut its 2014 predictions, despite strong Q3 reports. After releasing their Q3 results, voxeljet (NASDAQ:VJET) and ExOne (NASDAQ:XONE) seem to be following the trend.
Despite an increase in revenue of 6.8%, with systems revenues increasing 23.3%, voxeljet cut its 2014 forecast from kEUR 18,000 to a range of kEUR 15,000 to kEUR 16,000. Due to a disruption in one of the company’s VX4000 3D printers – the largest in their line – at their German service center, the company lost out on sales in the service department, leading to a decrease in service revenues of 11.2%. This, along with the inability to get their Michigan facility up and running and a failure to deliver all of its ordered machines, led to the lowering of their 2014 guidance. Even with the large format machine out of commission, the company still managed to ship a record number of sand and plastic 3D printed parts.…
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