Have you ever heard of Xometry (ticker symbol: XMTR), a US stock?
It is a company that operates an on-demand manufacturing platform.
In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 12, 2021.
Financial Results for April to June 2021
EPS of -$1.46 versus -31¢ expected.
Net sales of $50.59 million vs. forecast of $48.31 million.
Sales growth was +45% YoY.
Gross profit was $11.9 million, up 44% from the same period last year. In the same period last year, it was $8.27 million.
Gross margin was 23.5%. In the same period last year, it was 23.8%.
Net income was -$12.3 million. Net income was -$12.3 million compared to -$6.12 million in the same period last year.