Stock Track | Xometry Stock Soars Pre-Market on Outstanding Q3 Results and Upbeat Outlook

Stock Track11-06

Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, witnessed a remarkable pre-market surge of 6.39% on November 6, 2024, driven by its stellar third-quarter financial performance and upbeat guidance for the upcoming quarter.

The company reported Q3 2024 revenue of $141.7 million, representing a robust 19.1% year-over-year growth and surpassing analysts' expectations of $137.7 million. This strong top-line growth was fueled by robust demand for Xometry's agile and flexible supply chain solutions as manufacturers navigate ongoing economic uncertainties.

Notably, Xometry swung to a non-GAAP profit of $0.02 per diluted share in Q3 2024, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its impressive top-line growth, significantly boosted investor sentiment and drove the stock's rally.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1110441943?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 22:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110441943","market":"hk","top_or_hot":-1,"title":"Stock Track | Xometry Stock Soars Pre-Market on Outstanding Q3 Results and Upbeat Outlook","media":"Stock Track","content":"<p>Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, witnessed a remarkable pre-market surge of 6.39% on November 6, 2024, driven by its stellar third-quarter financial performance and upbeat guidance for the upcoming quarter.</p>\n\n<p>The company reported Q3 2024 revenue of $141.7 million, representing a robust 19.1% year-over-year growth and surpassing analysts' expectations of $137.7 million. This strong top-line growth was fueled by robust demand for Xometry's agile and flexible supply chain solutions as manufacturers navigate ongoing economic uncertainties.</p>\n\n<p>Notably, Xometry swung to a non-GAAP profit of $0.02 per diluted share in Q3 2024, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its impressive top-line growth, significantly boosted investor sentiment and drove the stock's rally.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Xometry Stock Soars Pre-Market on Outstanding Q3 Results and Upbeat Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Xometry Stock Soars Pre-Market on Outstanding Q3 Results and Upbeat Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-06 22:30 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, witnessed a remarkable pre-market surge of 6.39% on November 6, 2024, driven by its stellar third-quarter financial performance and...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XMTR","symbol_name":"Xometry, Inc.","start_time":0,"source_url":"","article_id":"1110441943","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110441943","pubTimestamp":1730903456,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Xometry, Inc. , a leading on-demand manufacturing marketplace, witnessed a remarkable pre-market surge of 6.39% on November 6, 2024, driven by its stellar third-quarter financial performance and upbeat guidance for the upcoming quarter.The company reported Q3 2024 revenue of $141.7 million, representing a robust 19.1% year-over-year growth and surpassing analysts' expectations of $137.7 million. This strong top-line growth was fueled by robust demand for Xometry's agile and flexible supply chain","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XMTR":"Xometry, Inc."},"translate_title":"股票轨迹Xometry股价因第三季度业绩出色和前景乐观而盘前飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XMTR":1},"content_text":"Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, witnessed a remarkable pre-market surge of 6.39% on November 6, 2024, driven by its stellar third-quarter financial performance and upbeat guidance for the upcoming quarter.\nThe company reported Q3 2024 revenue of $141.7 million, representing a robust 19.1% year-over-year growth and surpassing analysts' expectations of $137.7 million. This strong top-line growth was fueled by robust demand for Xometry's agile and flexible supply chain solutions as manufacturers navigate ongoing economic uncertainties.\nNotably, Xometry swung to a non-GAAP profit of $0.02 per diluted share in Q3 2024, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its impressive top-line growth, significantly boosted investor sentiment and drove the stock's rally.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1110441943"}