Xometry Q2 Adj. EPS $(0.14) Beats $(0.20) Estimate, Sales $111.01M Beat $110.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Xometry (NASDAQ:XMTR) reported Q2 adjusted losses of $(0.14) per share, beating the analyst consensus estimate of $(0.20) by 30 percent. This is a 22.22 percent increase over losses from the same period last year. The company also reported quarterly sales of $111.01 million, beating the analyst consensus estimate of $110.43 million by 0.52 percent, a 16.10 percent increase over sales from the same period last year.
August 09, 2023 | 11:07 am
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Xometry reported better than expected Q2 results, with both losses per share and sales beating analyst estimates. This could potentially lead to a positive market reaction.
Xometry's Q2 results exceeded analyst expectations, with losses per share and sales both beating estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100