ExOne to Delay the Release of Q4 and Full Year 2015 Financial Results

Emerging Technology

The ExOne Company (NASDAQ:XONE) will delay the release of its fourth quarter and full year 2015 financial results until after the closing of financial markets on Tuesday, March 22, 2016.

The ExOne Company (NASDAQ:XONE) will delay the release of its fourth quarter and full year 2015 financial results until after the closing of financial markets on Tuesday, March 22, 2016.
According to the press release:

The Company is also rescheduling its conference call and webcast to review the financial and operating results for the quarter, along with its corporate strategies and outlook from Wednesday, March 16, 2016 until Wednesday, March 23, 2016.  A question-and-answer session will follow.
Fourth Quarter and Full Year 2015 Earnings Conference Call
Wednesday, March 23, 2016
8:30 a.m. Eastern Time
Phone: (201) 689-8470 (No pass code needed)
Internet Webcast: www.exone.com.
A telephonic replay of the conference call will be available from 11:30 a.m. ET on the day of the teleconference through Wednesday, March 30, 2016.  To listen to a replay of the call, dial (858) 384-5517 and enter the conference ID number 13628059, or access the webcast replay via the Company’s website, where a transcript will also be posted once available.
The Company needs additional time to complete its consolidated financial statements for the year ended December 31, 2015.  This timing issue is exacerbated by the Company’s previously reported material weaknesses in controls over financial reporting that require the Company to take additional, manual steps to prepare its consolidated financial statements.  The Company has filed a Form 12b-25 with the Securities and Exchange Commission (the “SEC”) requesting an automatic extension of up to fifteen days to file its 2015 Annual Report on Form 10-K.  The Company expects to file its Annual Report on Form 10-K on Monday, March 21, 2016.

Click here to read the full press release.


 
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