Welcome to our dedicated page for Xometry news (Ticker: XMTR), a resource for investors and traders seeking the latest updates and insights on Xometry stock.
Xometry, Inc. operates an AI-native marketplace that connects buyers and suppliers of custom manufacturing, supported by the Thomasnet industrial sourcing platform and cloud-based services. Company news commonly covers marketplace revenue trends, buyer and supplier network expansion, enterprise customer engagement, international growth, and service enhancements tied to real-time pricing and lead-time data.
Updates also include product and platform developments such as the Xometry Instant Quoting Engine, lead-time prediction models, dynamic pricing logic, and partnerships that embed manufacturability, pricing, sourcing, and execution intelligence into industrial design and procurement workflows. Other recurring items include quarterly earnings releases, investor conference participation, and Thomas sourcing partnerships with manufacturing organizations.
Xometry, Inc (NASDAQ: XMTR), a prominent AI-enabled marketplace for on-demand manufacturing, will release its second quarter 2021 financial results after market close on August 12, 2021. The company invites stakeholders to join its conference call and webcast at 5:00 p.m. ET on the same day to discuss the earnings report. An earnings presentation will also be available on Xometry's investor website. Xometry serves a diverse clientele ranging from startups to Fortune 100 companies, showcasing its technological advancements in the manufacturing sector.
Xometry appoints Ranjana Clark to its Board of Directors, aiming to enhance its operations in the on-demand manufacturing sector. Clark, with over 30 years of experience, previously led significant roles at PayPal and MUFG. Her expertise in payments and business strategies is expected to support Xometry's mission to disrupt the $260B manufacturing industry. CEO Randy Altschuler emphasized her role in driving growth and improving cash flow for manufacturers using Xometry’s AI-enabled marketplace.
Xometry (NASDAQ: XMTR) has launched instant quoting for metal binder jetting, enhancing its Instant Quoting Engine in collaboration with ExOne, a leader in metal 3D printing. This addition allows customers to receive immediate quotes for high-strength metal parts. Bill Cronin, Chief Revenue Officer, emphasized the platform's flexibility and expanded capabilities. The binder jetting technology offers cost-effective production of complex metal parts with excellent mechanical properties, catering to industries such as aerospace and automotive.
Xometry, a leading AI-enabled marketplace for on-demand manufacturing, has successfully closed its initial public offering (IPO) of 7,906,250 shares of Class A common stock at $44.00 per share. This includes the underwriters' full option to purchase an additional 1,031,250 shares. The stock is now listed on Nasdaq under the symbol XMTR. Goldman Sachs, J.P. Morgan, and UBS acted as joint lead book-running managers for the offering. A registration statement was filed with the SEC, and copies of the final prospectus are available from the lead managers.
Xometry has priced its initial public offering (IPO) of 6,875,000 shares of Class A common stock at $44.00 per share, with an option for underwriters to purchase an additional 1,031,250 shares. The shares will trade on the Nasdaq under the symbol 'XMTR,' starting on June 30, 2021, and the offering is expected to close on July 2, 2021. This IPO was registered with the SEC on June 29, 2021, and involves prominent financial institutions such as Goldman Sachs, J.P. Morgan, and UBS as lead managers.
Xometry, a prominent AI-enabled marketplace for on-demand manufacturing, has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering (IPO) of its Class A common stock, trading under the symbol XMTR. The share count and price range are still to be determined. Goldman Sachs, J.P. Morgan, and UBS Investment Bank will serve as joint lead book-running managers. The registration has been filed but is not yet effective, meaning securities cannot be sold until it is approved.