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) is frequently in the news as a global AI-powered marketplace connecting buyers and suppliers of custom manufacturing. Company updates often highlight enhancements to its digital platforms, growth in marketplace activity and developments across its ecosystem of buyers, suppliers and industrial partners. News coverage reflects Xometry’s focus on digitizing manufacturing workflows and expanding the capabilities of its online marketplace and related services.
Recent announcements have included record quarterly financial results, with details on marketplace revenue, supplier services revenue, gross profit and key operating metrics such as Active Buyers and accounts with significant last-twelve-months spend. These releases explain how Xometry’s execution on initiatives like expanding buyer and supplier networks, deepening enterprise engagement, growing internationally and enhancing supplier services contributes to its financial performance.
Product and platform news is another recurring theme. Xometry has reported expansions of its additive manufacturing materials, the launch of auto-quote capabilities for injection molding in the U.S. and Europe, and new features in its automated quoting platform, such as preferred subprocess selection and additional tolerance options. The company has also announced CMMC Level 2 certification for supporting aerospace and defense customers and described plans for more granular global sourcing controls.
Updates from Thomas, a Xometry business, and the Workcenter platform also appear in the news flow. These include the launch of Thomas Smart Search, performance-based ad listings for industrial suppliers, and the Workcenter Mobile App that enables partners to manage jobs and workflows on the go. Investors and industry professionals following XMTR news can expect coverage of earnings releases, technology enhancements, marketplace metrics, supplier tools and research such as Xometry’s Manufacturing Outlook report.
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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.