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Friday, July 05, 2013 1:36:43 PM
Looking ahead, ExOne sees revenue growth in a range of $48 million-$52 million, with two-thirds of that revenue expected to occur in the second-half of 2013. Gross margin should land between 42% and 46%.
Piper Jaffray analyst Troy Jensen wrote that demand for the sector's product has exceeded expectations in the second quarter. Companies in the industry should report "strong" second quarter earnings, predicted Jensen. 3D printing that utilizes metal continues to be one of the fastest growing parts of the sector, the analyst noted.
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