The ExOne Company (XONE) Posts Q1 Loss of 38c/Share; Updates FY14 Outlook

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The ExOne Company Reports First Quarter 2014 Results

May 14, 2014 4:42 PM EDT

Revenue was $7.3 million; PSC revenue grew 32% to $4.9 million Reaffirming expectations of 40% to 50% revenue growth for 2014, in line with strategic goals Updating gross margin expectations to 40% to 43%, impacted by developmental costs associated with 2014 ExCast strategy Recently introduced Inconel® Alloy 625, the Company's first more than 99 percent dense metal for binder jetting technology

NORTH HUNTINGDON, Pa., May 14, 2014 (GLOBE NEWSWIRE) -- The ExOne Company (Nasdaq: XONE) ("ExOne" or "the Company"), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, reported financial results today for the first quarter ended March 31,... More