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. (NASDAQ: XMTR) operates a leading AI-powered marketplace transforming on-demand manufacturing through advanced technologies and a global supplier network. This page aggregates official announcements, financial updates, and strategic developments for investors and industry professionals.
Access real-time updates on earnings reports, manufacturing innovations, and partnership announcements. Our curated collection includes press releases about new platform features, supply chain initiatives, and leadership changes that impact Xometry's market position.
Key coverage areas include quarterly financial results, AI technology deployments, strategic acquisitions, and operational expansions. Users can track developments in CNC machining capabilities, 3D printing advancements, and international market growth initiatives.
Bookmark this page for streamlined access to Xometry's latest business milestones. Check regularly for updates on manufacturing automation breakthroughs and industry recognition that demonstrate the company's leadership in digital transformation.
Xometry reported a 16% year-over-year increase in Q1 revenue to $123 million, with a 22% increase in gross profit and a record 32% gross margin. Adjusted EBITDA loss improved by 37%. The company aims for long-term growth through various initiatives. However, supplier services revenue decreased by 17%, leading to a net loss of $16.6 million.
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