11.06.2015 22:46:55

ExOne Loss Wider Than Estimates; Stock Down 8%

(RTTNews) - ExOne Co (XONE), a maker of 3D printing machines, on Thursday reported first-quarter net loss of $7.7 million or $0.53 per share compared with a loss of $5.5 million or $0.38 per share last year.

Revenues for the quarter were lower at $6.8 million compared with $7.3 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.29 per share on revenues of $8.1 million for the quarter. Analysts' estimates typically exclude special items.

Gross margin for the quarter was breakeven compared with 22.2 percent a year ago.

For the full year 2015, the company still expects revenues of $58 million to $66 million, while analysts expect $59.9 million.

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