Compared to the first six months of last year, ExOne's total sales have fallen 17% to $15.3 million. Along with these results,released earlier this month, management also reiterated that it expects ExOne to generate $58 million to $66 million in full-year sales.
Based on first-half sales, it implies that management believes ExOne will generate between $42.7 million and $50.7 million during the second half. This represents a 68% to 100% increase in revenue over the $25.4 million it generated during the second half of last year, and seems like a tall order to fill, considering the company has historically struggled to meet its own and Wall Street expectations.
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The following presentation digs into whether management is being realistic with ExOne's full-year guidance.
The article Is ExOne Co.'s Full-Year Guidance Realistic? originally appeared on Fool.com.
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