ExOne reports Q4 and 2018 results

3D printing company ExOne has reported record Q4 revenue of US$25.3 million and full year revenue of US$64.6 million, representing about 12% growth over 2017 and a three-year compound annual growth rate of 17%.

‘We are pleased to have attained our 2018 goal for net income in the second half of the year, achieving $0.11 of earnings per share in the second half,’ said S Kent Rockwell, ExOne’s chairman and CEO. ‘Revenue predictability is dependent upon timing of customer actions which, at times, can be difficult for us to forecast with accuracy. However, our customer pipeline remains robust and we have the production capacity to satisfy customer requirements.’

This story uses material from ExOne, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.