ExOne (XONE) Tops Q1 EPS by 3c, Revenues Miss

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Go back to ExOne (XONE) Tops Q1 EPS by 3c, Revenues Miss

The ExOne Company Reports 2019 First Quarter Results

May 9, 2019 6:30 AM EDT

Expanded gross margin to 27.6% on sales of $9.6 million A 13% decrease in operating expenses and improved gross margin drove significant reduction in net loss Backlog increased to $18.8 million; Supports expectations for solid second quarter and full-year revenue growth Reconfirming 2019 goals of mid-teen revenue growth and positive Adjusted EBITDA* for the year Distribution of revenue expected to approximate 35%/65% for 1H/2H 2019

NORTH HUNTINGDON, Pa.--(BUSINESS WIRE)--... More