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

• Xometry Inc XMTR reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of seven analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -18 cents to -10 cents per share.

• Revenue rose 16.5% to $122.69 million from a year ago; analysts expected $119.80 million.

• Xometry Inc's reported EPS for the quarter was a loss of 34 cents​.

• The company reported a quarterly loss of $16.62 million.

• Xometry Inc shares had fallen by 6.7% this quarter and lost 56.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 420.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Xometry Inc is $26.00

This summary was machine generated from LSEG data May 10 at 06:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)