News & Videos - XOMETRY INC.

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...

Käufer können jetzt über die Xometry Instant Quoting Engine ® auf 200 klassische RAL-Farben zugreifen Entwickler und Designer auf der ganzen Welt können über die neue Xometry.Pro-Plattform Wissen austauschen Neuer tschechischer Marktplatz unter xometry.eu/cs/ wird die 15. Website von Xometry in Landessprache MÜNCHEN, March 21, 2024 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), der globale KI-gestützte Marktplatz , der Einkäufer von Unternehmen mit Anbietern von Fertigungsdienstleistungen...

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...

Brings Proven Track Record Of Extensive Operational Excellence Will Help Drive Xometry’s Continued Growth And Profitability Succeeds Retiring CFO Jim Rallo, Who Will Stay On For A 60-Day Transition Period NORTH BETHESDA, Md., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the appointment of James Miln as the company’s new Chief Financial Officer effective...

NORTH BETHESDA, Md., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced management will participate in a fireside chat at the JMP Securities Technology Conference on Tuesday March 5, 2024 at 10:30 a.m. Pacific. A webcast and replay of the presentation will be accessible within the Investor Relations section of Xometry’s website. Xometry’s two-sided marketplace...

Nearly 80% of Women Are Pleased With The Strides They’ve Made In Manufacturing, Up From 62% In 2020 More Than 80% Of Women Recommend a Career In Manufacturing The Overwhelming Majority Of Men And Women Believe Diversity In Manufacturing Improves Business Outcomes NEW YORK and NORTH BETHESDA, Md., Feb. 21, 2024 (GLOBE NEWSWIRE) -- An overwhelming majority (79%) of women say they are satisfied with the progress they’ve made in the manufacturing industry over the last five years, up...

NORTH BETHESDA, Md., Feb. 13, 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 fourth quarter and full year 2023 financial results before the market opens on Feb. 29, 2024. Xometry’s conference call and webcast to discuss the results will take place at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) on Feb. 29, 2024. In addition to its press release...

The Consensus Is Clear: Voters Support Rebuilding America’s Manufacturing Infrastructure And Investing In The Next Generation Of Skilled Workers Between 83% And 87% Of Voters In Each Of The Five States Agree That Manufacturing Is Pivotally Important To The Nation’s Economy More Than 80% Of Voters Agree That Weapons And Defense Systems Should Be Solely Manufactured In The U.S. NORTH BETHESDA, Md., Jan. 11, 2024 (GLOBE NEWSWIRE) -- The overwhelming majority of voters in each of the first five...

Drawn From A Year’s Worth Of Proprietary Polling, Xometry’s 2024 Predictions Show An Industry Embracing High-Tech Tools And Talent To Navigate A Constantly Changing World Modernizing Operations Remains The Priority, With Investments In AI And Talent Auto Execs Are Tapping The Brakes On EVs Though Sustainability Remains A Priority NORTH BETHESDA, Md., Dec. 19, 2023 (GLOBE NEWSWIRE) -- After a challenging 2023, manufacturing CEOs are stepping into 2024 overwhelmingly optimistic about the...

Nearly 80% Are Continuing To Reshore Products Or Identify Domestic Suppliers Of Raw Materials In Bid To Further Strengthen Supply Chains Nearly Half Have Yet To Embrace Artificial Intelligence (AI) Hiring And Retaining Skilled Workers Among Auto Execs’ Biggest Worries NORTH BETHESDA, Md., Dec. 14, 2023 (GLOBE NEWSWIRE) -- The majority (68%) of automotive manufacturers remain optimistic and believe they will generate more sales in 2024 than they did this year, but they are worried about meeting...

Howard University Students Say Xometry Scholarships Are ‘Game-changers’ In Their Pursuit Of College Education And Future Careers In Engineering Part Of Xometry’s Broader $900,000 Pledge To Fund 8 Full-Time Scholarships At Howard University’s College Of Engineering And Architecture Designed To Help Train The Next Generation Of Engineers As Manufacturing Becomes More High-Tech Xometry Is Funding 250 Scholarships At Key Technical Community Colleges In Six Key Manufacturing States...

New Process Recommender Instantly Analyzes Geometric Features Of CAD Files On The Xometry Instant Quoting Engine® Making it Easier To Match Custom Parts to Manufacturing Processes Xometry Is Continuously Deploying New Auto-Quote Methods And Models To Its Two-Sided Digital Marketplace Benefiting Buyers And Suppliers And Strengthening Supply Chains With Its AI-Driven Marketplace, Supplier Services Platform And Suite Of Cloud-Based Tools, Xometry Is Rapidly Reshaping The Manufacturing Industry And...

A Seven-year Member Of The Board, Rosati Has Helped Guide Xometry From Its Early Days As An AI-Powered Manufacturing Platform To Its Rapid Growth As A Publicly Traded Company Rosati Also Brings Extensive AI Marketplace Experience, Serving As Founding CEO Of Upwork And As Board Member For Snagajob And Smith.ai Current Chair George Hornig Announces His Retirement And Steps Down From The Xometry Board NORTH BETHESDA, Md., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global...

NORTH BETHESDA, Md., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced management will participate in a fireside chat at the 2023 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference at 4:10 p.m. ET on Wednesday Nov. 15, 2023. A webcast and replay of the presentation will be accessible within the Investor Relations section of...