ExOne reports Q1 revenue of just over US$13 million, a 3% decrease from US$13.4 million in Q1 2020. Revenue from the company’s 3D printing machines was US$4.9 million, a decrease of 22% from US$6.3 million in the previous year, while 3D printed and other products, materials and services was US 8.1 milion, an increase of 15% from Q1 2020’s revenue of US 7.1 million.

‘While our first quarter results reflect the difficult operating environment that continues to persist as a result of COVID-19, we are seeing signs of an economic rebound, particularly in the US market where we saw a higher concentration of sales and backlog growth during the first quarter,’ said John Hartner, ExOne CEO. ‘We look forward to entering the post-pandemic period with new tailwinds as manufacturers look to de-risk supply chains and improve the sustainability of their products with new designs that require our industrial 3D printing solutions to execute.’

This story uses material from ExOne, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.