ExOne (XONE) Misses Q3 EPS Views; Cuts FY15 Revenue Outlook
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The ExOne Company Reports Third Quarter 2015 Results
November 9, 2015 4:34 PM ESTRevenue was $8.9 million; Non-machine revenue grew 20% to $6.5 million Shipped nine machines in third quarter, despite customer deferrals impacted by third quarter currency devaluations Anticipate shipping between 12 and 16 machines in fourth quarter of 2015 Record backlog of $22.8 million combined with expected fourth quarter shipments of higher value indirect printing machines provides confidence in growing customer adoption Revising 2015 guidance to reflect customer deferrals: Revenue of approximately $40 million and gross margin of 17% to 21% excluding non-recurring facility integration expenses Decline in market... More
The ExOne Company Reports Third Quarter 2015 Results
November 9, 2015 4:34 PM ESTRevenue was $8.9 million; Non-machine revenue grew 20% to $6.5 million Shipped nine machines in third quarter, despite customer deferrals impacted by third quarter currency devaluations Anticipate shipping between 12 and 16 machines in fourth quarter of 2015 Record backlog of $22.8 million combined with expected fourth quarter shipments of higher value indirect printing machines provides confidence in growing customer adoption Revising 2015 guidance to reflect customer deferrals: Revenue of approximately $40 million and gross margin of 17% to 21% excluding non-recurring facility integration expenses Decline in market... More
