NORTH BETHESDA, Md. (AP) — NORTH BETHESDA, Md. (AP) — Xometry Inc. (XMTR) on Thursday reported a loss of $13.7 million in its second quarter.
The North Bethesda, Maryland-based company said it had a loss of 28 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 1 cent per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The marketplace for on-demand manufacturing posted revenue of $132.6 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $128 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 This material may not be published, broadcast, written or redistributed.
