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 ...

Core Insights - Xometry, Inc. reported a record-setting third quarter for 2024, with significant growth in revenue and gross profit driven by its AI-powered marketplace [2][3][4]. Financial Performance - Q3 revenue increased by 19% year-over-year to $142 million, with marketplace revenue growing by 24% to $127 million [1][4]. - Gross profit for Q3 rose by 21% year-over-year to $55.8 million, with marketplace gross profit increasing by 34% [1][4]. - Adjusted EBITDA improved by 85% year-over-year, resulting in a loss of $0.6 million, the lowest percentage of revenue at 0.4% [1][4][7]. Key Metrics - Active Buyers increased by 24% from 52,382 in Q3 2023 to 64,851 in Q3 2024 [9]. - Accounts with last twelve-months spend of at least $50,000 rose by 23% from 1,223 to 1,506 [9]. - The number of Active Suppliers decreased by 9% to 6,762 [9]. Business Highlights - The company expanded its U.S. marketplace menu and launched new tools in Europe to facilitate high-volume manufacturing projects [5][6]. - Xometry's global supplier base grew significantly, with over 4,200 active suppliers compared to 1,410 at the beginning of 2021 [5][6]. Future Outlook - For Q4 2024, Xometry expects revenue between $145 million and $147 million and anticipates being slightly Adjusted EBITDA profitable [10][11].

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 ...

Core Viewpoint - Xometry (XMTR) has shown a significant price increase of 11.9% over the past four weeks, with a mean price target of $22.22 indicating a potential upside of 29.3% from the current trading price of $17.18 [1] Price Target Analysis - The mean estimate consists of nine short-term price targets with a standard deviation of $5.14, indicating variability among analysts. The lowest estimate is $12, suggesting a 30.2% decline, while the highest target is $28, representing a 63% increase [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - Analysts are optimistic about XMTR's earnings prospects, as indicated by a trend of upward revisions in earnings estimates. This trend has historically correlated with near-term stock price movements [9] - Over the last 30 days, one earnings estimate has increased, leading to a 4.1% rise in the Zacks Consensus Estimate [10] - XMTR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [11]

tiero/iStock via Getty Images Xometry, Inc. (NASDAQ:XMTR) recently reported their Q2 earnings, on August 8. The share price jumped by 44% that day, reflecting a high excitement among shareholders, following a reaffirmed 2024 guidance, and strong EPS and revenue results. In this article, I will cover their recent performance, including their strong Q2 results, while also highlighting my concerns about their profitability, and increased operating expenses. While I do see long-term potential in Xometry, given ...

da-kuk/E+ via Getty Images Xometry (NASDAQ:XMTR) reported solid results in the second quarter, with growth remaining fairly steady and margins continuing to improve. The stock exploded higher on this result, indicating just how pessimistic investors have been regarding Xometry's prospects. Ignoring the impact of easier / more difficult comparable periods, I think that Xometry's growth will continue to slow while the demand environment remains sluggish. The company's performance is objectively strong given t ...

Xometry (XMTR) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 92.86%. A quarter ago, it was expected that this marketplace for on-demand manufacturing would post a loss of $0.15 per share when it actually produced a loss of $0.12, delivering a surprise of 20%. Over the last four quarters, t ...