ExOne (XONE) Misses Q2 EPS by 22c, Maintains FY Rev. Guidance

August 10, 2015 4:09 PM EDT

ExOne (NASDAQ: XONE) reported Q2 EPS of ($0.48), $0.22 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $8.5 million versus the consensus estimate of $11.12 million.

ExOne still sees FY2015 revenue of $58-66 million, versus the consensus of $58.13 million.

  • Gross margin now expected to be between 30% and 34% (from prior guidance range of 36% to 40%), excluding anticipated non-recurring costs estimated at $0.5 million to $1.0 million to complete facility integrations; revision reflects significant under absorption of overhead costs in the first half of 2015
  • SG&A expenses expected to be in a range of $21 million to $23 million, excluding approximately $0.5 million to $1.0 million of costs associated with ongoing implementation of the Company's enterprise resource planning system
  • R&D expenses expected to be in a range of $6.5 million to $7.5 million
  • Capital expenditures expected to be between $6 million and $7 million

For earnings history and earnings-related data on ExOne (XONE) click here.



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