05 Dec '23
Xometry Updates Process Recommender To Its AI-Powered Instant Quoting Engine
New Process Recommender Instantly Analyzes Geometric Features Of CAD Files On The Xometry Instant Quoting Engine® Making it Easier To Match Custom Parts to Manufacturing Processes Xometry Is Continuously Deploying New Auto-Quote Methods And Models To Its Two-Sided Digital Marketplace Benefiting
04 Dec '23
Fabio Rosati Appointed Chair of Xometry’s Board Of Directors
A Seven-year Member Of The Board, Rosati Has Helped Guide Xometry From Its Early Days As An AI-Powered Manufacturing Platform To Its Rapid Growth As A Publicly Traded Company Rosati Also Brings Extensive AI Marketplace Experience, Serving As Founding CEO Of Upwork And As Board Member For Snagajob
09 Nov '23
Xometry Reports Third Quarter 2023 Results
Q3 revenue increased 15% year-over-year driven by strong marketplace growth of 22% year-over-year and 10% quarter-over-quarter. Supplier services revenue decreased 16% year-over-year primarily due to the $2 million year-over-year impact from the discontinuation of the sale of tools and materials.
25 Oct '23
The Vast Majority Of Manufacturing CEOs Say AI Is Delivering Strong ROI As Reshoring Continues To Accelerate, According To Latest Quarterly ‘American Manufacturing Resilience’ Poll With Forbes, Xometry And John Zogby Strategies
70% of Manufacturing CEOs Have Seen Immediate ROI On Their AI Investments CEOs Using AI To Strengthen Supply Chains, Simplify Procurement, Increase Quality Control And Accelerate Automation Three Quarters Of CEOs Have Reshored Some Or All Of Their Operations, Up From 48% Last Quarter NORTH
23 Oct '23
Xometry to Announce Third Quarter 2023 Financial Results On Nov. 9, 2023
NORTH BETHESDA, Md., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its third quarter 2023 financial results before the market opens on November