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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...
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 ...
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...
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...
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 ) ...
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 ...
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...
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...
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...
2023-05-10 14:28:01 ET Shares of custom manufacturing platform Xometry (NASDAQ: XMTR) skyrocketed on Wednesday after the company announced financial results for the first quarter of 2023. As of 2 p.m. ET, Xometry stock was up a whopping 35%. In Q1, Xometry generated revenue of $...
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NORTH BETHESDA, Md., July 16, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-powered tech marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its second quarter 2024 financial results before the ma...
2024-07-05 16:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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