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 – RBC Cory Carpenter – JPMorgan Greg Palm – Craig-Hallum Operator Good day and thank you for standing by. Welcome to ...

Growth is better than expected and it's turning a corner on profitability.Shares of manufacturing marketplace business Xometry (XMTR 17.86%) jumped on Tuesday after the company reported financial results for the third quarter of 2024 that significantly outpaced expectations. As of 12:40 p.m. ET, Xometry stock was up 18%.Xometry is gearing up to deliver profitsTake the magnitude of the jump today with a grain of salt -- Xometry stock usually has low trading volume and any news can cause large swings in the s ...

| --- | --- | --- | --- | |----------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | AI-Enabled Marketplace Digitizing Manufacturing | | | | | Q3 2024 Earnings Presentation \| November 5, 2024 | | | | Xometry® | Q3 2024 Earnings Safe Harbor This presentation contains forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding the Company's future res ...

Xometry (XMTR) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this marketplace for on-demand manufacturing would post a loss of $0.14 per share when it actually produced a loss of $0.01, delivering a surprise of 92.86%.Over the last fou ...

Exhibit 99.1 Xometry Reports Third Quarter 2024 Results • 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. • Q3 marketplace gross profit increased 34% year-over-year, driven by our AI technology and expanding supplier network. Q3 marketplace gross margin increased 250 basis points year-over-year to a record 33.6%. • Q3 Adjusted EBITDA improved 85% year-over-year to a ...

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.Q3 marketplace gross profit increased 34% year-over-year, driven by our AI technology and expanding supplier network. Q3 marketplace gross margin increased 250 basis points year-over-year to a record 33.6%.Q3 Adjusted EBITDA improved 85% year-over-year to a loss of $0.6 million. Q3 Adjusted EBITDA loss represented a record ...

Xometry, Inc. (XMTR) shares rallied 14.2% in the last trading session to close at $22.48. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.4% gain over the past four weeks.Xometry’s rally is primarily driven by optimism regarding increased marketplace revenues due to rising buyer activity on the platform. Easing supply chain disruptions also bode well.This marketplace for on-demand manufacturing is expected ...

The Former President Of Raytheon Technologies' Space And Airborne Systems And Intelligence And Space Business Units Brings Significant Experience In Global Manufacturing, Engineering and Supply Chain Management Throughout His Career, Azevedo Has Championed Efforts To Digitize Entire Product Lifecycles, from Engineering and Design to Production and Delivery His Enterprise Management Expertise Will Help Xometry As It Continues To Scale Internationally, Serving Customers Across All Industries NORTH BETHESDA, M ...

NORTH BETHESDA, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, Nov. 5, 2024. Xometry will host its conference call and webcast to discuss the results at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) that day. In addition to its press release announcing its third quarter 2024 ...

NORTH BETHESDA, Md., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced that management will attend the following investor events: Citi's 2024 Global TMT Conference, Wednesday, Sept. 4, in New York City; Goldman Sachs Communacopia + Technology Conference, Wednesday, Sept. 11, in San Francisco, including a fireside chat at 4:25 p.m. P.T. A webcast and replay of the chat will be ...