Xometry, Inc. (XMTR) Misses Q4 EPS by 1c
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Xometry Reports Fourth Quarter and Full Year 2022 Results
March 1, 2023 7:11 AM ESTQ4 revenue increased 46% year-over-year driven by solid marketplace growth of 32% as well as supplier services including the acquisition of Thomas Q4 gross profit up 72% year-over-year driven by 30% growth in marketplace gross profit and the addition of Thomas. Strong gross profit growth partly offset by price optimization effortsExpect Q1 revenue growth of 20%-22% year-over-year to $100-$102 million, driven by healthy marketplace growth in the mid to high 20% range year-over-yearQ4 Adjusted EBITDA loss of $14.2 million reflects revenue shortfall and lower gross margins... More
