This article was originally published by GuruFocus on April 14, 2014
By Sarfaraz A. Khan and Gohar Yousuf.
ExOne (XONE) has recently released its quarterly results that disappointed investors as the company swung to a surprising loss. Moreover, its forecast was also well below market’s expectations. Its shares are down 54.6% this year and closed at $27.56 on Friday.
By Sarfaraz A. Khan and Gohar Yousuf.
ExOne (XONE) has recently released its quarterly results that disappointed investors as the company swung to a surprising loss. Moreover, its forecast was also well below market’s expectations. Its shares are down 54.6% this year and closed at $27.56 on Friday.
Despite all the pessimism, the 3-D printing industry is growing at an accelerated pace, driven by strong demand from bigger enterprise buyers. ExOne is betting its future on the growth of the metals printing industry, including the replacement parts market. The company has already attracted some big enterprise customers. With the decline in prices, ExOne could attract even more clients.