ExOne: Q1 Earnings Snapshot
Posted May 17, 2021 05:53:01 PM.
Last Updated May 17, 2021 05:55:21 PM.
NORTH HUNTINGDON, Pa. (AP) _ The ExOne Co. (XONE) on Monday reported a loss of $6.1 million in its first quarter.
The North Huntingdon, Pennsylvania-based company said it had a loss of 29 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.
The 3-D printer company posted revenue of $13 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $14.2 million.
ExOne shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.36, more than doubling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XONE at https://www.zacks.com/ap/XONE
The Associated Press
