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Xometry Inc XMTR

Industrials Industrial Distribution
Xometry, Inc. provides artificial intelligence (AI)-powered marketplace, Thomasnet.com industrial sourcing platform and suite of cloud-based services. The Company provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. It connects buyers with suppliers of manufacturing services. Xometry Instant Quoting Engine leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides pricing and lead times. Its AI-enabled technology platform is powered by machine learning algorithms and dataset, resulting in a two-sided marketplace. It uses technology to enable product designers, engineers, buyers, and supply chain professionals to access the capacity of a global network of manufacturing facilities. Its suppliers’ capabilities include computer numerical control manufacturing, sheet metal forming, and sheet cutting, among others.


NDAQ:XMTR - Post by User

Xometry Inc
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Post by whytestockson Feb 29, 2024 8:00pm
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Post# 35908036

Xometry Reports Fourth Quarter and Full Year 2023 Results

Xometry Reports Fourth Quarter and Full Year 2023 Results
JUST IN: $XMTR Xometry Reports Fourth Quarter and Full Year 2023 ResultsQ4 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 an...XMTR - Xometry Reports Fourth Quarter and Full Year 2023 Results

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