Market Overview

ExOne Q1 Miss May Be Due To Timing

Share:
Related
25 Biggest Mid-Day Losers For Thursday
22 Stocks Moving In Friday's Pre-Market Session

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
Aug 2017Canaccord GenuityMaintainsHold
Oct 2016FBR CapitalAssumesOutperform
May 2016FBR CapitalInitiates Coverage onOutperform

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)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...