NORTH BETHESDA, Md. (AP) — NORTH BETHESDA, Md. (AP) — Xometry Inc. (XMTR) on Tuesday reported a loss of $15.1 million in its first quarter.
On a per-share basis, the North Bethesda, Maryland-based company said it had a loss of 30 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 2 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The marketplace for on-demand manufacturing posted revenue of $151 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $148.1 million.
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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
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