Xometry Q4 Adj EPS $(0.01), Inline, Sales $128.15M Beat $128.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Xometry (NASDAQ:XMTR) reported Q4 adjusted EPS of $(0.01), meeting analyst estimates, and sales of $128.15M, slightly beating the $128.02M estimate. This represents a significant improvement over the previous year, with a 96.55% decrease in losses per share and a 30.50% increase in sales.
February 29, 2024 | 12:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Xometry reported a significant improvement in Q4 with adjusted EPS of $(0.01) meeting estimates and sales of $128.15M exceeding expectations. Year-over-year, the company saw a 96.55% decrease in losses per share and a 30.50% increase in sales.
The reported earnings indicate a significant improvement in Xometry's financial health compared to the same period last year, with a notable decrease in losses per share and an increase in sales. This positive performance, especially the sales beat and the reduction in losses, is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100