Xometry

Xometry, Inc. engages in the provision of manufacturing solutions. The firm operates through the U.S. and Europe segments. Its proprietary software platform enables product designers and engineers to instantly access the capacity of a nationwide network of manufacturing facilities. The company was founded by Laurence Zuriff and Randolph Altschuler in 2013 and is headquartered in Derwood, MD.

Earnings data Q2 2021

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Earnings data Q4 2024

Xometry reports Q4 revenue growth but faces pricing challenges

Xometry's Q4 performance showed revenue growth and active buyer expansion
Challenges include falling short of expectations and pricing impacts on margins
Strengths lie in top account focus, pricing optimization, and growth expectations
Opportunities in international expansion, buyer additions, and margin rebound

Xometry reports record Q1 revenue growth and eyes international expansion

Xometry delivered robust financial performance in Q1 2023, marked by record revenue and growth in key metrics.
The company's strategic focus on technology, international markets, and operational efficiency positions it for future success.
While facing challenges in achieving profitability and sustaining growth, Xometry's strong performance and strategic initiatives offer promising opportunities for investors.

Xometry achieves record Q2 results, eyes international expansion for growth

Xometry delivered exceptional Q2 results, setting new records in revenue and gross profit, driven by strong marketplace performance and international growth. The company's strategic focus on key accounts, marketplace expansion, and cost management is positioning it for continued success. Despite challenges like discontinuing the U.S. supplies business, Xometry remains optimistic about future profitability and operational efficiency.
Opportunities lie in aggressive international expansion, leveraging AI technology for customer empowerment, and capitalizing on the largest multiyear commitment in company history. With a clear roadmap for growth and profitability, Xometry is poised for a promising future in the digital marketplace and cloud-based solutions sector.

Xometry achieves record Q3 results, eyes growth amid profitability push

Xometry's Q3 2023 performance reflects remarkable growth in revenue, gross profit, and active buyers, positioning the company for continued success.
While challenges like currency fluctuations and profitability persist, strategic initiatives like the Teamspace tool and Google Cloud partnership offer avenues for growth.
The focus on revenue expansion, enterprise sales, and technological advancements underscores Xometry's commitment to driving sustainable growth and market leadership.

Xometry achieves record Q4 revenue, eyes profitability amid growth

Xometry's Q4 performance showcased strong revenue growth and margin improvement, with a focus on profitability.
While facing short-term challenges like weaker January trends, the company is strategically positioned for future growth.
Investments in innovation, customer engagement, and market expansion highlight a proactive approach to driving success.
With a clear roadmap for 2024, Xometry aims to capitalize on opportunities for revenue growth and market expansion.

Xometry reports robust Q1 growth, eyes international expansion for future

Xometry's Q1 2024 performance reflects strong revenue growth, improved gross profit, and progress in reducing adjusted EBITDA losses, underpinned by strategic investments and international expansion.
While facing challenges in achieving profitability and managing costs, Xometry's focus on operational efficiency, marketplace growth, and responsible investment sets a solid foundation for future success.
The company's emphasis on growth initiatives, international expansion, and profitability at appropriate revenue levels signals a balanced approach to sustainable business development and value creation.

Xometry achieves record Q3 performance and eyes sustained growth

Xometry's Q3 performance reflects strong revenue growth, improved profitability outlook, and a focus on strategic expansion initiatives.
The company's strengths in marketplace growth, active supplier network, and financial stability position them well for future success.
While facing challenges in maintaining growth momentum and achieving profitability targets, Xometry has opportunities to capitalize on market expansion and service enhancements.

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Xometry, Inc. engages in the provision of manufacturing solutions. The firm operates through the U.S. and Revenues segments. Its proprietary software platform enables product designers and engineers to instantly access the capacity of a nationwide network of manufacturing facilities. The company was founded by Laurence Zuriff and Randolph Altschuler in 2013 and is headquartered in North Bethesda, MD.

NEW YORK and SHENZHEN, China, March 30, 2023 (GLOBE NEWSWIRE) -- Alibaba Group's 1688.com, China's largest integrated domestic wholesale marketplace, and Xometry, the global on-demand manufacturing service provider, today announced that Xometry's Instant Quoting Engine will be embedded in 1688.com's on-demand manufacturing services. The move gives buyers in China the ability to receive instant quotes and lead times from Chinese suppliers, data that is fueled by Xometry's AI-powered Instant Quoting Engine®. Xometry is the only partner specialized in the structural parts on 1688.com that will provide real-time pricing and lead times.

Xometry Brings Instant Quoting To Alibaba Group's 1688.com On-Demand Manufacturing Services

Xometry's business model is similar to those of Airbnb, Etsy, and eBay. The company's revenue and profit margin are growing fast as the platform rapidly attracts new users.

This Stock Reminds Me of Airbnb and Etsy, but Almost Nobody Knows About It

NORTH BETHESDA, Md., March 13, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced that CEO Randy Altschuler will attend the Loop Capital Markets 2023 Conference on March 14, 2023 in New York City.

Xometry To Participate In The Loop Capital Markets 2023 Investor Conference

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MUNICH, Germany and ISTANBUL, Turkey, March 03, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it continues to expand its significant footprint in the European region, with the acquisition of Istanbul-based Tridi and launch of a localized marketplace for Turkish customers, xometry.com.tr . With the acquisition of Tridi, Xometry adds a significant marketplace in a strategic area of the region that can support customer needs throughout Europe.

Xometry Launches In Turkey With The Acquisition Of Tridi, Turkey's Leading On-Demand Manufacturing Marketplace

Xometry, Inc. (NASDAQ:XMTR ) Q4 2022 Earnings Conference Call March 1, 2023 8:30 AM ET Company Participants Shawn Milne - VP, Investor Relations Randy Altschuler - Chief Executive Officer Jim Rallo - Chief Financial Officer Conference Call Participants Brain Drab - William Blair Eric Sheridan - Goldman Sachs Karl Keirstead - UBS Matthew Hedberg - RBC Operator Good day, and thank you for standing by. Welcome to the Xometry Fourth Quarter 2022 Earnings Conference Call.

Xometry Inc. (XMTR) Q4 2022 Earnings Call Transcript

The 3D printing specialist missed expectations, and warned of slower growth up ahead.

Why Xometry Stock Is Falling Today

Xometry (XMTR) delivered earnings and revenue surprises of -38.10% and 6.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Xometry (XMTR) Reports Q4 Loss, Misses Revenue Estimates

NORTH BETHESDA, Md., March 01, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Xometry Reports Fourth Quarter and Full Year 2022 Results

ROCKVILLE, Md., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its fourth quarter and full-year 2022 financial results before the market open on March 1, 2023.

Xometry to Announce Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023

SAN FRANCISCO and ROCKVILLE, Md., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Gravity Climate , a technology company helping industrial businesses and their supply chain partners manage their carbon footprint, and Xometry , the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced a new initiative that will help Xometry's industrial customers make informed decisions to reduce the carbon footprint of their supply chains.

Gravity Climate Helps Xometry Marketplace Customers Calculate the Carbon Footprint of Manufacturing Projects

Xometry (XMTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Xometry (XMTR): Can Its 6.7% Jump Turn into More Strength?

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MUNICH, Germany and LONDON, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it continues to expand its footprint in Europe, with the launch of xometry.uk , a localized marketplace for UK customers.

Xometry Europe Expands Into The U.K.

ROCKVILLE, Md., and NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- More than half of American CEOs (55%) whose companies depend on manufacturing to produce and deliver their goods have plans to reshore their operations – and nearly all of those CEOs (95%) said they would do so this year. The vast reshoring effort is also fueling a new modernization wave, with CEOs investing in robotics, automation, and digital workflow tools as they ramp domestic production. The findings are the result of the latest quarterly survey on American manufacturing resilience released by Xometry in a joint effort with Forbes and powered by veteran polling firm John Zogby Strategies.

Accelerating Reshoring Strategies Spur CEOs To Modernize America's Vast Manufacturing Industry, The Latest “Building American Manufacturing Resilience” Poll With Forbes And Zogby Reveals

Despite nagging fears of a recession, manufacturing execs are optimistic about the future, with a majority planning to increase hiring and spend on technology.

Despite Warning Signs, 95% Of Manufacturing Executives Say They're Optimistic, According To A New Poll By Forbes, Xometry And Zogby

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Borderlands: Xometry CEO predicts expanded manufacturing in US

There are several inefficiencies in the manufacturing industry that must be addressed. Identifying potential manufacturing opportunities is a laborious and time-consuming process.

Xometry: On Good Path To Consolidating Market Share

VENTURA, Calif.--( BUSINESS WIRE )--Nexa3D, the maker of ultrafast industrial polymer 3D printers, today announced that it will make its patented Lubricant Sublayer Photo-curing® (LSPc®) 3D printing technology available through Xometry's (NASDAQ: XMTR) global digital marketplace, which connects enterprise buyers with manufacturing suppliers.

Nexa3D Ultrafast Additive Solutions to Be Offered Through Xometry's Global Manufacturing Marketplace

Xometry, Inc. (NASDAQ:XMTR ) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Shawn Milne - VP, Investor Relations Randy Altschuler - Chief Executive Officer Jim Rallo - Chief Financial Officer Conference Call Participants Brain Drab - William Blair Eric Sheridan - Goldman Sachs Karl Keirstead - UBS David Silver - CL King Cory Carpenter - JP Morgan Matthew Hedberg - RBC Operator Good day, and thank you for standing by. And welcome to the Xometry's Q3 2022 Earnings Conference Call.

Xometry Inc. (XMTR) CEO Randy Altschuler on Q3 2022 Results - Earnings Call Transcript

Xometry (XMTR) delivered earnings and revenue surprises of 5.88% and 0.82%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Xometry (XMTR) Reports Q3 Loss, Tops Revenue Estimates

ROCKVILLE, Md., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the third quarter ended September 30, 2022.

Xometry Reports Third Quarter 2022 Results

ROCKVILLE, Md., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced that CEO Randy Altschuler and CFO Jim Rallo will attend and present at the RBC Capital Markets 2022 Technology, Internet, Media and Telecommunications Conference.

Xometry To Participate In RBC Capital Markets 2022 Technology, Internet, Media And Telecommunications Conference

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Boosted by strong sales growth, AI and on-demand manufacturing leader Xometry lasers a new buy point with earnings due. The post AI Leader In Big Demand Joins Top IPO Stocks To Watch appeared first on Investor's Business Daily.

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ROCKVILLE, Md., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its third quarter 2022 financial results before the market opens on Thursday, Nov. 10, 2022.

News for Xometry Stock (XMTR)