Xometry: Q1 Earnings Insights

Xometry (NASDAQ:XMTR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM. Here’s what investors…

Xometry (NASDAQ:XMTR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Xometry beat estimated earnings by 13.04%, reporting an EPS of $-0.2 versus an estimate of $-0.23.

Revenue was up $21.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 0.22% drop in the share price the next day.

Here’s a look at Xometry’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.23 -0.22 -0.24 -0.35
EPS Actual -0.29 -0.11 -0.18 -0.27
Revenue Estimate 104.33M 103.33M 93.08M 81.77M
Revenue Actual 98.20M 103.57M 95.61M 83.67M

To track all earnings releases for Xometry visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Why Is Home Furnishing Retailer Williams-Sonoma Stock Surging Today?

Williams-Sonoma shares soar as Q1 FY24 earnings surpass expectations. Despite a 6.5% sales decline to $1.66 billion, the company beat EPS estimates with $4.07 compared to $2.70. Gross margin expanded to 48.3%, and operating income surged 62.3% to $323.8 million. CEO Laura Alber emphasizes the company's commitment to growth, customer service, and margin improvement.

WSM