Market Overview

ExOne Q1 Miss May Be Due To Timing

Share:
Related
China Wants To Put 3D Printers In Every Elementary School By Next Year
3D Systems Just Broke Out To The Upside

Shares of ExOne (NASDAQ: XONE) have traded down as much as 15 percent after reporting a Q1 revenue miss of ~$2.4 million, as well as making a cut to the year's gross margin guidance.

BB&T analyst Holden Lewis says, "headline is far worse than the reality."

Additionally, Lewis noted that ExOne's reiteration of the year's revenue guidance suggests the miss was due to the timing of orders, which he says wouldn't be unusual due to the company's small revenue base and given the "big ticket" nature of ExOne's products.

Shares are currently down 13 percent at $26.83.

Latest Ratings for XONE

DateFirmActionFromTo
Mar 2015NomuraDowngradesOutperformMarket Perform
Mar 2015FBR CapitalDowngradesOutperformMarket Perform
Jan 2015Credit SuisseAssumesUnderperform

View More Analyst Ratings for XONE
View the Latest Analyst Ratings

Posted-In: BB&T Holden LewisAnalyst Color Earnings News Analyst Ratings

 

Related Articles (XONE)

Around the Web, We're Loving...