XOMETRY INC. overview

Brings Extensive Enterprise Sales Experience With Leadership Positions At Google, Oracle and CapGemini Expert In AI, Cloud Services And Transformational Technologies To Help Clients Accelerate Their Digital Journeys Succeeds Kathy Mayerhofer, Who Will Work With Dutt To Ensure A Seamless Transition NORTH BETHESDA, Md., May 15, 2024 (GLOBE NEWSWIRE) -- Xometry, the global AI-powered marketplace that connects buyers with suppliers of custom manufacturing services, today announced the appointment of...

NORTH BETHESDA, Md., May 14, 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: J.P. Morgan Global Technology, Media and Communications Conference , May 20, in Boston at 8 a.m. E.T. William Blair Growth Stock Conference , June 5, in Chicago at 2:40 p.m. C.T. Webcasts and replays of the fireside chats will be...

Q1 revenue increased 16% year-over-year to $123 million driven by marketplace growth of 24% year-over-year. Q1 gross profit increased 22% year-over-year driven by 37% growth in marketplace gross profit. Q1 marketplace gross margin increased 320 basis points year-over-year to a record 32.0%. Q1 Adjusted EBITDA loss of $7.5 million, a 37% improvement year-over-year driven by higher revenue, gross profit, and operating efficiencies. 2024 growth initiatives include: expanding buyer and supplier...

NORTH BETHESDA, Md., April 23, 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 first quarter 2024 financial results before the market opens on May 9, 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). In addition to its press release announcing its first quarter 2024...

95% of CEOs Say November Election Could Have a Big Impact on Industry; 77% Say Current Federal Policy Is Strengthening American Manufacturing 97% Say AI Will Play a Role in Their Operations in the Next Two Years; 85% Support Federal Regulation of AI 78% Have Reshored or Are Actively Reshoring Their Facilities; Nearly All Agree Reshoring Boosts American Manufacturing NORTH BETHESDA, Md., April 16, 2024 (GLOBE NEWSWIRE) -- Manufacturing CEOs who are beginning to use AI, digitize their operations...

NORTH BETHESDA, Md., March 28, 2024 (GLOBE NEWSWIRE) -- Xometry Inc. (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today introduced enhanced features for its Teamspace enterprise collaboration software designed to further expedite procurement on its marketplace. “We’re consistently evolving our cloud-based software to make it even easier for engineers, managers and purchasing executives to accelerate their custom...

Buyers Can Now Access 200 Classic RAL Colors Through The Xometry Instant Quoting Engine ® Engineers And Designers Worldwide Can Share Knowledge Through New Xometry.Pro Platform New Czech Marketplace At xometry.eu/cs/ Becomes Xometry’s 15th Local Language Site MUNICH, Germany, March 21, 2024 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced expanded finishing options on its...

Q4 revenue increased 31% year-over-year to $128 million driven by strong, accelerated marketplace growth of 42% year-over-year. Supplier services revenue decreased 15% year-over-year primarily due to the approximate $2 million year-over-year impact from the discontinuation of the sale of tools and materials. Q4 gross profit increased 39% year-over-year driven by 68% growth in marketplace gross profit. Q4 marketplace gross margin increased 500 basis points year-over-year to 31.3%. Q4 Adjusted...