Xometry (XMTR) is an A.I.-driven online marketplace connecting buyers with suppliers of manufacturing services. XMTR's instant quoting engine includes auto-generated instant pricing and lead times. CEO Randy Altschuler joins Nicole Petallides to give an overview of the company. He talks about how XMTR's 2Q earnings saw record revenue and gross profit. Its adjusted EPS came in at -$0.14 versus an estimated -$0.21 and revenue came in at $111.01M versus an estimated $110.27M. He talks about how XMTR is powering American manufacturing and making it easier for customers. He also outlines the role of A.I. in XMTR online marketplace. Tune in to find out more about the stock market today.
11 Aug 2023