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home / news releases / xometry overreaction to conservative guidance

PRLB - Xometry: Overreaction To Conservative Guidance

Proto Labs Inc.

2024-03-05 13:53:03 ET

Summary

  • Xometry, Inc. Q4 2023 earnings caused a significant share price decline, but this appears to have been based on overly conservative guidance.
  • Xometry still has many growth levers it can pull and could benefit from an improved demand environment later in the year.
  • If Xometry's revenue growth remains solid in 2024 and the company can make progress towards breakeven, there could be substantial upside.

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For further details see:

Xometry: Overreaction To Conservative Guidance
Stock Information
Company Name: Proto Labs Inc.
Stock Symbol: PRLB
Market: NYSE
Website: protolabs.com
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