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ExOne 1Q16 results ?3
16:58 10-May-16
ExOne's financial results for the first quarter have been
reported:
- the company lost 35 cents per share, which misses by 2 cents
- on revenue of $8.4M, which misses by
$700K
This is much better than some of the monstrous misses last year, but
still not nearly good enough to reverse my hands-off stance on
XONE. The company had an operating loss and will have to improve
sales and operations significantly over the next year in order to
avoid having to raise capital again. The conference call is
tomorrow morning. I will listen and issue another update if I hear
anything significant.
CrowdWisers™