Xometry, Inc. - XMTR STOCK NEWS

Xometry (NASDAQ: XMTR) announced that its AI-powered manufacturing marketplace has generated nearly $1 billion in revenue for American small and medium manufacturers from January 2020 to March 2025. The company's platform connects over 4,375 global suppliers, with a majority of marketplace revenue flowing to U.S. suppliers.

Through its annual 'Excellence in Manufacturing' awards, Xometry recognizes exceptional suppliers across 48 states, including standout honoree JR Metal Works from Green Bay, Wisconsin. The company offers digital tools including Teamspace for buyers and Workcenter for suppliers, along with integrated financial services.

According to Xometry's recent 'American Manufacturing Resurgence' poll, 70% of manufacturing CEOs are embracing AI for operational efficiencies, and nearly half have reshored operations. The platform's Instant Quoting Engine leverages data analytics to match buyers with suppliers globally, providing accurate pricing and lead times.

Xometry (XMTR) and the Italian Trade Agency (ITA) have announced a strategic partnership to promote Italian manufacturers with North American operations through Xometry's Thomasnet platform. The initiative, called 'Machines Italia', launches an Italian Industrial Hub on Thomasnet.com featuring 30 leading Italian manufacturers specializing in automation, robotics, and metalworking services across the U.S. and Canada.

The partnership leverages Thomasnet's comprehensive promotional tools, including sponsored ads and their Thomas Industry Update newsletter, which reaches 280,000 industry professionals daily. The platform connects qualified professionals with over 500,000 businesses. The featured Italian suppliers are strategically located across Florida, Illinois, New Jersey, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Ontario, and Quebec.

Xometry (NASDAQ: XMTR) has achieved Cybersecurity Maturity Model Certification (CMMC Level 2), becoming one of the first companies to meet rigorous cybersecurity standards set by the U.S. Department of Defense. The certification validates Xometry's ability to protect Controlled Unclassified Information (CUI) and ITAR-regulated export-controlled data.

The company received a perfect score in the audit conducted by a Certified Third-Party Assessor Organization (C3PAO). This certification strengthens Xometry's position as a trusted partner for domestic aerospace companies and defense agencies requiring strict data protection measures.

Xometry operates a two-sided e-commerce marketplace that facilitates the digital transformation of America's manufacturing industry through its proprietary technology, Thomasnet® industrial sourcing platform, and cloud-based tools for managing large, mission-critical projects.

Xometry (NASDAQ: XMTR), a global AI-powered marketplace that connects buyers with manufacturing services suppliers, has announced its participation in the upcoming Citizens JMP Technology Conference. The event is scheduled for Tuesday, March 4, 2025. The conference presentation will take place in North Bethesda, Maryland.

Xometry (NASDAQ:XMTR) reported strong Q4 2024 results with record revenue of $149 million, up 16% year-over-year, driven by marketplace growth of 20%. Q4 gross profit increased 20% to a record $59 million, with marketplace gross profit up 32% year-over-year. The company achieved a record marketplace gross margin of 34.5%, an increase of 320 basis points from the previous year.

Q4 Adjusted EBITDA improved by $3.9 million year-over-year to a profit of $1.0 million. Marketplace Active Buyers increased 23% to 68,267, while Accounts with Last Twelve-Months Spend of at least $50,000 grew 12% to 1,495. The company's Active Suppliers increased 28% to 4,375.

For Q1 2025, Xometry expects revenue of $147-$149 million (20-21% growth) and an Adjusted EBITDA loss of approximately $1.5 million, a $6 million improvement from Q1 2024. For full-year 2025, the company projects marketplace revenue growth of at least 20% and expects to be Adjusted EBITDA positive for the entire year.

Xometry (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with manufacturing service suppliers, has scheduled its fourth quarter and full year 2024 financial results announcement for February 25, 2025, before market opening.

The company will host a conference call and webcast to discuss the results at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) on the same day. Along with the press release, Xometry will provide an earnings presentation accessible through their investor website at investors.xometry.com. The earnings webcast presentation will be archived in the Investor Relations section of Xometry's website for future reference.

Xometry's Thomas division released its '2025 Automotive Manufacturing Survey' revealing significant shifts in automotive supply chain strategies. 85% of automotive executives plan to increase reliance on North American suppliers in 2025, while 41% intend to reshore some operations.

The survey highlights balanced investment across vehicle technologies: 37% in hybrid, 28% in electric, and 30% in traditional combustible engines. Top innovation priorities include EV battery production (41%) and alternative fuel sources (37%). Additionally, 30% of executives plan to leverage AI for accelerating product development and improving supply chain efficiencies.

The industry is embracing advanced manufacturing techniques like 3D printing and robotics to drive innovation. Xometry's Thomasnet platform connects buyers with over 500,000 North American manufacturers across 80,000 industrial categories.

Xometry (NASDAQ:XMTR) has appointed Sanjeev Singh Sahni as President in a newly created role, reporting to CEO Randy Altschuler. Sahni, former Vice President of B2B E-Commerce and Head of B2B & B2C Sales at Wayfair, will oversee global operations, product, technology, and people teams.

The appointment aims to drive global growth, scale, and operating efficiencies across Xometry's AI-powered marketplace and supplier services. Sahni brings extensive experience in operations, product development, supply chain management, and customer experience, with a strong track record in deploying AI and machine learning solutions.

At Wayfair, Sahni led the multi-billion dollar B2B business and previously established international supply chain capabilities as Head of CastleGate Forwarding. Before Wayfair, he served as an Associate Partner at McKinsey & Company, leading the global Transportation and Logistics practice.

Xometry announced significant growth in its global custom-manufacturing marketplace, now hosting over 4,200 active suppliers. The platform added more than 780 new suppliers in the first three quarters of 2024, marking a 34% increase and nearly triple the number since 2021. The company's Instant Quoting Engine now operates in 16 languages, facilitating global business transactions. The supplier network spans all 50 US states and three continents, offering various manufacturing processes including CNC machining, injection molding, and laser cutting. Through its Donor Advised Fund, Xometry provides scholarships to over 250 students across multiple states to support future manufacturing talent.