Xometry: Rebounding On Resilient Growth
Xometry(XMTR) Seeking Alpha·2024-08-13 08:40
da-kuk/E+ via Getty Images Xometry (NASDAQ:XMTR) reported solid results in the second quarter, with growth remaining fairly steady and margins continuing to improve. The stock exploded higher on this result, indicating just how pessimistic investors have been regarding Xometry's prospects. Ignoring the impact of easier / more difficult comparable periods, I think that Xometry's growth will continue to slow while the demand environment remains sluggish. The company's performance is objectively strong given t ...