Xometry Inc reports results for the quarter ended in June - Earnings Summary

Xometry

09/08/2023 14:32

* Xometry Inc  XMTR.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue rose 16.1% to $111.01 million from a year ago;
analysts
expected $110.43 million. 
    * Xometry Inc's reported EPS for the quarter was a loss
of 55
cents​.
    * The mean earnings estimate of analysts had fallen by
about 29.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Xometry Inc shares had fallen by 25.1% this quarter and
lost 50.8% so far this year.
    * The company reported a quarterly loss of $26.55 million.
    * Wall Street's median 12-month price target for Xometry Inc
is
$24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.20          -0.14          Beat
 Mar. 31 2023      -0.23          -0.20          Beat
 Dec. 31 2022      -0.23          -0.29          Missed
 Sep. 30 2022      -0.22          -0.11          Beat