ExOne (XONE) Misses Q4 EPS by 7c

ExOne (NASDAQ: XONE) reported Q4 EPS of ($0.12), $0.07 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $20.2 million versus the consensus estimate of $20.9 million.

Outlook – Introducing 2018 Revenue Growth and Additional R&D Expectations

Mr. McCarley concluded, “Our outlook for 2018 remains positive. We believe that the rate of growth sustained in 2017 can be replicated in 2018, when we once again expect revenue growth in excess of 20%. However, to accelerate growth beyond 2018 we need to accelerate our investments in technology development. We anticipate an additional $6 million to $8 million of R&D expense in 2018, to advance our technology roadmap. The marketplace for our products and services continues to grow in size as does demand for greater equipment and process capability. Through continued investment in our people and our technology, ExOne is well positioned to meet this demand and remain the leader in binder jetting technology for industrial applications.”

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

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