Why ExOne (XONE) Stock Is Down Today

NEW YORK (TheStreet) -- ExOne (XONE) stock is tumbling on Thursday after missing earnings and revenue expectations in its first quarter.

By late afternoon, shares had dropped 16.1% to $25.87.

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The 3D print specialist reported a net loss of 37 cents a share over the three months to March, 25 cents wider than analysts surveyed by Thomson Reuters expected. 

Revenue of $7.29 million slid 7.9% year over year and missed estimates of $9.86 million. 

Poor results from ExOne are dragging on other names in the sector. Voxeljet (VJET) dropped 6.6% to $13.07, while 3D Systems (DDD) was down 3.2% to $47.75.

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