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XMTR News and Press, Xometry Inc. From 08/09/23

Stock Information

Company Name: Xometry Inc.
Stock Symbol: XMTR
Market: NASDAQ
Website: xometry.com

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XMTR - Xometry Non-GAAP EPS of -$0.14 beats by $0.06, revenue of $111.01M beats by $0.58M

2023-08-09 07:30:20 ET Xometry press release ( NASDAQ: XMTR ): Q2 Non-GAAP EPS of -$0.14 beats by $0.06 . Revenue of $111.01M (+16.1% Y/Y) beats by $0.58M . Expect Q3 revenue growth of 15%-17% year-over-year to $119-$121 million driven by strong marketplace gro...

XMTR - Xometry Reports Second Quarter 2023 Results

Q2 revenue increased 16% year-over-year driven by strong marketplace growth of 24% year-over-year and 8% quarter-over-quarter. Supplier Services revenue impacted by approximately $1.7 million on a year-over-year basis driven by discontinuation of sales of supplies in the U.S. in Q2. Q2 gros...

XMTR - Medical Device Manufacturers Rapidly Reshoring Operations To Strengthen Their Domestic Supply Chains, According To Xometry's 2023 Medical Industry Survey

67% of Medical Device Manufacturers In Process Of Reshoring Operations In Next 12 Months Despite Raw Material Shortages And Other Headwinds, 75% Of Executives Remain Optimistic About The Future Device Manufacturers Increasingly Turning To Additive Manufacturing, Injection Molding And CNC ...

XMTR - Xometry: Reiterate Buy Rating As Recent Performance Suggests A Turnaround

2023-07-13 07:35:15 ET Summary I recommend a buy rating for Xometry stock due to the growth potential in the digital manufacturing market. XMTR's integration with Alibaba 1688, a marketplace with around 30 million users per year, should boost revenue, with no margin dilution antic...

XMTR - Xometry to Announce Second Quarter 2023 Financial Results on August 9, 2023

NORTH BETHESDA, Md., July 12, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its second quarter 2023 financial results before the market open on A...

XMTR - MVST and Az among industrial movers

2023-07-11 13:30:09 ET Gainers: Agrify Corporation ( AGFY ) +18% . Microvast Holdings ( MVST ) +11% . Aqua Metals ( AQMS ) +11% . Xometry ( XMTR ) +11% . Losers: Byrna Technologies ( BYRN ) -18% . urban-gro ( UGRO ) ...

XMTR - Xometry Further Expands Offerings On Its AI-Powered Marketplace

Xometry Instant Quoting Engine ® Now Supports Inserts, Multi-Part Assemblies And Expanded Sheet-Cutting Processes Enhancements Further Accelerate Xometry’s Assembly Production Work Proprietary AI Technology Learns From Every Interaction, Enabling Xometry To Continuously ...

XMTR - 80% Of CEOs To Deploy AI Within Two Years, According To Latest American Manufacturing Resurgence Poll By Xometry In Partnership With Forbes and Zogby Strategies

70% Of The CEOs Who Have Deployed AI Have Seen An Immediate ROI 73% Of CEOs, A Record High, Agree That American Manufacturing Can Address The World’s Supply Chain Crisis 48% of CEOs Have Reshored Some Or All Of Their Operations, A Dramatic Jump From 35% Last Quarter NORTH B...

XMTR - Xometry: Revolutionizing Manufacturing With AI But Near Term Challenges Persist

2023-06-18 01:52:40 ET Summary Xometry aims to become the manufacturing industry's equivalent of Amazon by utilizing AI to offer immediate pricing for parts and assemblies sourced globally. Despite facing near-term challenges, management remains optimistic about revenue growth, in...

XMTR - Xometry: AI-Powered Exponential Growth

2023-06-12 08:22:14 ET Summary The 3D printing sector may have experienced a price bottom, but Xometry might be the one about to soar. Xometry's competitive advantage and partnership with Alibaba Group Holding could lead to exponential growth in the coming years. The company i...

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