Xometry Inc reports results for the quarter ended June 30 - Earnings Summary

• Xometry Inc XMTR reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of ten analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 1 cents to 7 cents per share.

• Revenue rose 22.6% to $162.55 million from a year ago; analysts expected $156.56 million.

• Xometry Inc's reported EPS for the quarter was a loss of 52 cents​.

• The company reported a quarterly loss of $26.43 million.

• Xometry Inc shares had fallen by 8.3% this quarter and lost 27.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% 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 7 "strong buy" or "buy," 2 "hold" and 1 "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 $35.50, about 12.8% above its last closing price of $30.97

This summary was machine generated from LSEG data August 5 at 01:33 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)