Xometry: Reaffirmed 2024 Guidance, But Still Not Profitable
Xometry(XMTR) Seeking Alpha·2024-08-13 14:05
tiero/iStock via Getty Images Xometry, Inc. (NASDAQ:XMTR) recently reported their Q2 earnings, on August 8. The share price jumped by 44% that day, reflecting a high excitement among shareholders, following a reaffirmed 2024 guidance, and strong EPS and revenue results. In this article, I will cover their recent performance, including their strong Q2 results, while also highlighting my concerns about their profitability, and increased operating expenses. While I do see long-term potential in Xometry, given ...