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Xometry Inc - XMTR STOCK NEWS

Welcome to our dedicated news page for Xometry (Ticker: XMTR), a resource for investors and traders seeking the latest updates and insights on Xometry.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Xometry's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Xometry's position in the market.

Rhea-AI Summary
Xometry (XMTR) Predicts Industry Embracing High-Tech Tools and Talent in 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
AI
-
Rhea-AI Summary
Automotive manufacturers are optimistic about generating more sales in 2024. Nearly 80% are reshoring products or identifying domestic suppliers of raw materials to strengthen supply chains. However, nearly half have yet to embrace AI, and hiring and retaining skilled workers are among auto executives' biggest worries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.06%
Tags
none
-
Rhea-AI Summary
Xometry, Inc. (NASDAQ: XMTR) and Howard University have announced the continuation of the Xometry Scholars Program, providing full scholarships to students in the College of Engineering and Architecture, aiming to train the next generation of engineers. Xometry's $900,000 pledge will fund 8 full-time scholarships, with 2 additional students receiving scholarships this academic year. The program is designed to support students pursuing careers in manufacturing, particularly in high-tech areas like AI, automation, and robotics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
Tags
none
Rhea-AI Summary
Xometry (NASDAQ:XMTR) announced an updated process recommender to its AI-powered Instant Quoting Engine, expanding coverage of manufacturing processes and improving accuracy. The new process recommender instantly analyzes the geometric features of CAD files, identifies the most appropriate manufacturing process, and configures the quote. Xometry's digital marketplace is rapidly reshaping the manufacturing industry with AI and machine-learning technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
AI
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Rhea-AI Summary
Xometry (NASDAQ:XMTR) appoints Fabio Rosati as Chair of the Board, as current Chair George Hornig announces his retirement. Rosati brings extensive AI marketplace experience and has helped guide Xometry's rapid growth as a publicly traded company. Xometry reported record financial results in its last earnings statement, including the highest revenue and gross profit in its history.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
management
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Rhea-AI Summary
Xometry, Inc. (NASDAQ:XMTR) to Participate in RBC Capital Markets Global Technology Conference. Xometry's AI-powered marketplace connects buyers with manufacturing service suppliers, driving digital transformation in the industry. The company's proprietary technology shortens development cycles, drives efficiencies, and creates resilient supply chains.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
conferences
Rhea-AI Summary
Xometry, Inc. (NASDAQ:XMTR) reported a 15% increase in Q3 revenue year-over-year, driven by a 22% growth in marketplace revenue and a 10% quarter-over-quarter increase. The company also announced a Q3 gross profit increase of 13% year-over-year and a Q3 Adjusted EBITDA loss of $4.2 million, showing a $4.4 million quarter-over-quarter improvement. Xometry expects Q4 revenue growth of 28%-32% year-over-year to $126-$130 million, driven by accelerating marketplace growth in the 40% range year-over-year. The company also highlighted expanding marketplace functionality, including a new partnership with Google Cloud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
Tags
-
Rhea-AI Summary
Xometry (NASDAQ: XMTR) partners with Google Cloud to use Vertex AI to accelerate the deployment of new auto-quote methods and models within its AI-powered Instant Quoting Engine. This will help Xometry expand its markets for custom manufacturing globally and digitize the manufacturing process, transforming an otherwise manual process into a real-time, AI-driven digital marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.46%
Tags
AI
Rhea-AI Summary
Xometry integrates Teamspace into its AI-powered marketplace, providing real-time project visibility and collaboration for large projects. The software streamlines operations and simplifies workflows, benefiting high-volume customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
AI
Xometry Inc

Nasdaq:XMTR

XMTR Rankings

XMTR Stock Data

843.32M
41.29M
10.32%
103.7%
7.42%
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About XMTR

xometry is a well-funded software startup that is disrupting the world of low-volume manufacturing. through our online interface, we provide customers of all sizes – from startups to fortune 100 companies – with 24/7 access to some of the most advanced technologies for building parts and prototypes on-demand. this the factory of the future. the management team has a proven track record of founding startups and taking them to successful exits. since our founding in october of 2013, we’ve raised over $7 million and have grown to a team of 30 employees. www.xometry.com | info@xometry.com | 240.252.1138