Xometry shares hit 52-week high on strong revenue and narrower loss
Updated
Updated · MarketWatch · May 7
Xometry shares hit 52-week high on strong revenue and narrower loss
12 articles · Updated · MarketWatch · May 7
The stock reached $79.98 and traded at $76.25, up 35%, after quarterly revenue rose to $205 million from $151 million, beating FactSet forecasts of $188.5 million.
Net loss narrowed to $5.3 million, or 10 cents a share, from $15.1 million, while adjusted earnings of 12 cents topped estimates and marketplace revenue jumped 40% to $191 million.
Xometry forecast second-quarter revenue of $214 million to $216 million and raised its 2026 revenue growth outlook to 27%-28% from at least 21%; the shares are up 159% over 12 months.
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