ExOne (XONE) Misses Q4 EPS by 4c

ExOne (NASDAQ: XONE) reported Q4 EPS of ($0.21), $0.04 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $17.4 million versus the consensus estimate of $16.9 million.

Outlook:

ExOne CEO John Hartner commented, “With a record year-end backlog, strong interest in our core binder jetting technology, and expansion into new product areas like bound metal and sintering furnaces, we remain optimistic about our future. While there are still some headwinds as a result of COVID-19, which continues to influence the timing of our customers’ capital spending and is causing operational disruption and compressed margins in the mid-term, our backlog growth, refreshed product portfolio, and enhanced liquidity supports our projected 15% to 25% revenue growth in 2021.”

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

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