Xometry Stock News

More Than 780 New Suppliers Have Joined Xometry In the First Three Quarters Of 2024, A Nearly Three-Fold Increase Since 2021 Growth In Suppliers Reflects Strength Of Xometry's AI-driven Algorithms, Methods And Models To Generate Accurate Pricing And Lead Times For Buyers, Suppliers The Xometry Instant Quoting Engine Is Now Available In 16 Languages Worldwide; Xometry's Workcenter Cloud-Based Ma...

Xometry's Q3 results demonstrated a continuation of solid growth and profitability trends despite the soft demand environment. Market conditions are stabilizing and there could be a tailwind from the reshoring of manufacturing in coming years. Despite the recent share price increase, Xometry remains reasonably priced given its growth prospects.

NORTH BETHESDA, Md., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced participation including a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications (TIMT) Conference on Wednesday November 20, 2024 at 9:20 a.m.

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in a specialized B2B marketplace shows high-growth potential to Bert Hochfeld, making it a promising investment. Grassroots Trading argues that Boston Scientific's acquisition of Axonics enhances its ...

Xometry, an AI-enabled B2B marketplace for manufacturing procurement, offers a significant growth runway and a well-defined path to non-GAAP profitability and free cash flow generation. The company's use of AI for optimized matching and instant quotes creates a competitive moat, driving substantial revenue growth from existing customers. Despite a conservative guidance approach, XMTR's valuatio...

Xometry, Inc. (NASDAQ:XMTR ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Shawn Milne – Vice President-Investor Relations Randy Altschuler – Chief Executive Officer James Miln – Chief Financial Officer Conference Call Participants Nick Jones – Citizens' JMP Securities Ron Josey – Citibank Brian Drab – William Blair Eric Sheridan – Goldman Sachs Matt Swanson ...

Growth is better than expected and it's turning a corner on profitability.

Q3 revenue increased 19% year-over-year to a record $142 million driven by marketplace growth of 24% year-over-year.  Q3 gross profit increased 21% year-over-year to a record $55.8 million.