ExOne (XONE) Sees IPO Price of $14 - $16/Share - InvestingChannel

ExOne (XONE) Sees IPO Price of $14 – $16/Share

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ExOne Company (Nasdaq: XONE) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The company plans to sell 5 million shares and sees an offering price of $14 to $16 per share. The company plans to list on the Nasdaq Global Market under the ticker, “XONE.”

The offering is being made through FBR.

Brief financials from the company: “Our revenues for the year ended December 31, 2011 were $15.3 million, as compared to $13.4 million for the prior year period, and for the first nine months of 2012 were $15.9 million, as compared to $12.6 million for the same period in 2011. Our EBITDA was ($8.9) million for the first nine months of 2012, as compared to ($2.3) million for the same period in 2011,”

ExOne is a global provider of three-dimensional printing machines and printed products to industrial customers.

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