Xometry shoots up 23% on Q2 estimates beat, updated guidance

Aug. 10, 2022 1:25 PM ETXMTRBy: Pranav Ghumatkar, SA News Editor
  • Xometry (XMTR) rallies 23% as Q2 revenue increases 89% Y/Y driven by accelerating marketplace growth as well as supplier services including Thomas.
  • The Co. reports strong gross margin and gross profit trends driven by AI pricing/supplier selection and additional supplier services.

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