Stock Track | Xometry Stock Surges on Stellar Q3 Results, Upbeat Outlook

Stock Track11-06

Shares of Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, soared by an impressive 6.27% on November 6, 2024, following the company's better-than-expected third-quarter financial results and upbeat guidance for the fourth quarter.

For the quarter ended September 30, 2024, Xometry reported revenue of $141.7 million, representing a robust 19.1% year-over-year increase and surpassing analysts' expectations of $137.7 million. The company's strong top-line growth was fueled by robust demand for its 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, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its 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/1159863661?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 16:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159863661","market":"us","top_or_hot":-1,"title":"Stock Track | Xometry Stock Surges on Stellar Q3 Results, Upbeat Outlook","media":"Stock Track","content":"<p>Shares of Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, soared by an impressive 6.27% on November 6, 2024, following the company's better-than-expected third-quarter financial results and upbeat guidance for the fourth quarter.</p>\n\n<p>For the quarter ended September 30, 2024, Xometry reported revenue of $141.7 million, representing a robust 19.1% year-over-year increase and surpassing analysts' expectations of $137.7 million. The company's strong top-line growth was fueled by robust demand for its 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, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its 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 Surges on Stellar Q3 Results, 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 Surges on Stellar Q3 Results, Upbeat Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-06 16:18 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, soared by an impressive 6.27% on November 6, 2024, following the company's better-than-expected third-quarter financial ...</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":"1159863661","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159863661","pubTimestamp":1730881120,"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":"Shares of Xometry, Inc. , a leading on-demand manufacturing marketplace, soared by an impressive 6.27% on November 6, 2024, following the company's better-than-expected third-quarter financial results and upbeat guidance for the fourth quarter.For the quarter ended September 30, 2024, Xometry reported revenue of $141.7 million, representing a robust 19.1% year-over-year increase and surpassing analysts' expectations of $137.7 million. The company's strong top-line growth was fueled by robust dem","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XMTR":"Xometry, Inc."},"translate_title":"股票追踪Xometry股票因第三季度业绩出色、前景乐观而飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XMTR":1},"content_text":"Shares of Xometry, Inc. (XMTR), a leading on-demand manufacturing marketplace, soared by an impressive 6.27% on November 6, 2024, following the company's better-than-expected third-quarter financial results and upbeat guidance for the fourth quarter.\nFor the quarter ended September 30, 2024, Xometry reported revenue of $141.7 million, representing a robust 19.1% year-over-year increase and surpassing analysts' expectations of $137.7 million. The company's strong top-line growth was fueled by robust demand for its 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, defying analysts' forecasts of a $0.05 loss per share. The company's ability to deliver profitability on an adjusted basis, coupled with its 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":"4.29.1","shortVersion":"4.29.1","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/1159863661"}