Xometry, Inc Expects Q4 Revenue of $126M-$130M Vs $131.45M Est
Portfolio Pulse from Benzinga Newsdesk
Xometry, Inc has provided its Q4 2023 financial guidance, expecting revenue to be between $126M and $130M, which is lower than the estimated $131.45M. The company also anticipates its adjusted EBITDA to range from -$2M to $0M.
November 09, 2023 | 12:09 pm
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Xometry's lower than expected Q4 2023 revenue guidance may negatively impact its stock price in the short term.
Investors often react to a company's financial guidance. In this case, Xometry's revenue guidance for Q4 2023 is lower than the estimated $131.45M, which could lead to a negative sentiment among investors and potentially a decrease in the stock price.
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