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Fly News Breaks for March 17, 2015
XONE
Mar 17, 2015 | 07:40 EDT
After ExOne reported a much larger than expected Q4 EPS loss, Oppenheimer advises investors to ignore the "kitchen sink" Q4 results. The firm thinks the company's 2015 guidance is "fairly solid," as it believes that ExOne appears to be reducing its spending, while its projected loss was likely than most expected. The firm notes that the company actually has to deliver on its guidance to convince investors, but Oppenheimer expects the company to show progress by significantly cutting its losses. Oppenheimer keeps an Outperform rating on the shares.
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