Xometry sees Q2 revenue $214M-$216M, consensus $197.45M

Sees Q2 adjusted EBITDA $11M-$12M. “We delivered robust marketplace gross profit growth in Q1, which increased 53% year-over-year,” said James Miln, CFO at Xometry (XMTR). “Our Adjusted EBITDA improved by $10.4 million year-over-year to $10.5 million, reflecting the strong leverage in our marketplace model. We expect to continue to deliver 20% annual incremental Adjusted EBITDA margins as we rapidly scale to $1 billion in revenue.”