Xometry(XMTR) - 2024 Q3 - Quarterly Results
XMTRXometry(XMTR)2024-11-05 20:15

Exhibit 99.1 Xometry Reports Third Quarter 2024 Results • Q3 revenue increased 19% year-over-year to a record $142 million driven by marketplace growth of 24% year-over-year. • Q3 gross profit increased 21% year-over-year to a record $55.8 million. • Q3 marketplace gross profit increased 34% year-over-year, driven by our AI technology and expanding supplier network. Q3 marketplace gross margin increased 250 basis points year-over-year to a record 33.6%. • Q3 Adjusted EBITDA improved 85% year-over-year to a ...