Xometry: Q3 Earnings Snapshot

Associated Press Finance
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NORTH BETHESDA, Md. (AP) — NORTH BETHESDA, Md. (AP) — Xometry Inc. (XMTR) on Thursday reported a loss of $12 million in its third quarter.

On a per-share basis, the North Bethesda, Maryland-based company said it had a loss of 25 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 5 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The marketplace for on-demand manufacturing posted revenue of $118.9 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $119.8 million.

For the current quarter ending in December, Xometry said it expects revenue in the range of $126 million to $130 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XMTR at https://www.zacks.com/ap/XMTR

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