Xometry Reports Record Q3 Revenue of $252.4 Million and EPS Beat
Xometry (XMTR) reported third-quarter financial results that exceeded analyst expectations for both earnings and revenue. The company achieved a record quarterly revenue of $252.4 million, representing a 39.7% increase year-over-year, which surpassed estimates by approximately $16.82 million. Non-GAAP earnings per share (EPS) came in at $0.28, beating consensus estimates by $0.09. This growth was primarily fueled by strong marketplace performance, with marketplace revenue specifically increasing 43% compared to the same period last year.
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