EarningsShares increased more than 20% in intraday trading after Xometry beat top- and bottom-line estimates.
Financial PerformanceThe results translated to the most profitable quarter in the company’s history, with EBITDA now solidly in positive territory at $6 million in the quarter.
Market ExpansionRecent incrementally positive macro indicators, including manufacturing reports from the New York Fed and Philadelphia Fed, show expansion in shipments and new orders.