Thomasnet
“We Have Limitless Opportunities to Fuel Growth” Says Randy Altschuler after Xometry’s Q2 Earnings
The last few years have been rough for the capital market. Between the Covid-related economic slowdown, inflation’s impact on stock returns, and an ongoing war in Ukraine, the stock market…
3D Printing News Briefs, July 21, 2022: Layoffs, Heat Exchangers, & More
In today’s 3D Printing News Briefs, starting with business, manufacturing company Fast Radius recently cut 20% of its workforce. Then, Xometry has introduced new digital sourcing tools and more. A…
3D Printing Financials: Xometry’s Revenue Doubled, Losses Deepened
Revenue almost doubled to $83.7 million for digital manufacturing marketplace Xometry (NASDAQ: XMTR), but so did its net losses for the first quarter of 2022. The Gaithersburg, Maryland-headquartered company reported…
Xometry Buys Century-Old Thomasnet to Become Amazon of Digital Manufacturing
Digital manufacturing marketplace Xometry (NASDAQ: XMTR) has announced that it will be purchasing Thomas, a firm dedicated to product sourcing, supplier selection and digital marketing. Expected to close this week, the…