Does Xometry (XMTR) have what it takes to be a top stock pick for momentum investors? Let's find out.
NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
Xometry (XMTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
NEW YORK, NY / ACCESSWIRE / November 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xometry, Inc. ("Xometry, Inc.") (NASDAQ:XMTR) concerning possible violations of federal securities laws. On March 1, 2023, Xometry announced an adjusted EBITDA loss of $14.2 million for the fourth quarter of 2022 due to a "revenue shortfall" and "lower gross margins quarter-over-quarter.
Xometry, an AI-enabled B2B marketplace for manufacturing procurement, offers a significant growth runway and a well-defined path to non-GAAP profitability and free cash flow generation. The company's use of AI for optimized matching and instant quotes creates a competitive moat, driving substantial revenue growth from existing customers. Despite a conservative guidance approach, XMTR's valuation is modest, with a projected EV/S of less than 1.7x, making it an attractive investment opportunity.
Xometry, Inc. (NASDAQ:XMTR ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Shawn Milne – Vice President-Investor Relations Randy Altschuler – Chief Executive Officer James Miln – Chief Financial Officer Conference Call Participants Nick Jones – Citizens' JMP Securities Ron Josey – Citibank Brian Drab – William Blair Eric Sheridan – Goldman Sachs Matt Swanson – RBC Cory Carpenter – JPMorgan Greg Palm – Craig-Hallum Operator Good day and thank you for standing by. Welcome to the Xometry Q3 2024 Earnings Call.
Growth is better than expected and it's turning a corner on profitability.
Xometry (XMTR) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.05 per share a year ago.