Xometry: Q4 Earnings Snapshot

NORTH BETHESDA, Md. (AP) — NORTH BETHESDA, Md. (AP) — Xometry Inc. (XMTR) on Thursday reported a loss of $10.6 million in its fourth quarter.

On a per-share basis, the North Bethesda, Maryland-based company said it had a loss of 22 cents. Losses, adjusted for stock option expense and non-recurring costs, were 1 cent per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share.

The marketplace for on-demand manufacturing posted revenue of $128.1 million in the period.

For the year, the company reported a loss of $67.5 million, or $1.41 per share. Revenue was reported as $463.4 million.

For the current quarter ending in March, Xometry said it expects revenue in the range of $118 million to $120 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XMTR at https://www.zacks.com/ap/XMTR

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up