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Xometry Reports First Quarter 2023 Results

Xometry Reports First Quarter 2023 Results
Q1 revenue increased 26% year-over-year driven by stronger-than-expected marketplace growth of 35% year-over-year. Marketplace revenue up 10% quarter-over-quarter Q1 gross profit increased 20% year-over-year driven by 41% growth in marketplace gross profit. Marketplace gross profit up 16% quarter-over-quarter Q1 Adjusted EBITDA loss of $11.8 million, a $2.5 million quarter-over-quarter improvement driven by higher revenue […] The post Xometry Reports First Quarter 2023 Results appeared first... Read More
Posted: May 10 2023, 11:02
Author Name: forextv
Views: 111661

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