ExOne (XONE) Misses Q2 EPS by 17c, Revenues Miss

ExOne (NASDAQ: XONE) reported Q2 EPS of ($0.50), $0.17 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $10.9 million versus the consensus estimate of $15 million.

Mr. Rockwell concluded, “Our current backlog, order activity thus far into the third quarter and our increasing sales pipeline give us confidence in our expectations for 2018 revenue growth of 20% over 2017. We further believe that our existing capital resources will be sufficient to support our operating plan. We are intently focused on furthering the advancement of our binder jetting technology and achieving net income and positive operating cash flow in 2019.”

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

You May Also Be Interested In

• Tesla touts acceleration of new models, but Q1 results fall short of estimates
• West Fraser Timber Co. Ltd. (WFG) Tops Q1 EPS by 17c
• WesBanco (WSBC) Tops Q1 EPS by 1c