Shares of Xometry, Inc. (NASDAQ:XMTR) surged 5.09% in pre-market trading on Tuesday following the company's impressive first-quarter 2025 earnings report that exceeded analyst expectations and featured raised guidance for the full year.

The AI-powered marketplace for on-demand manufacturing reported Q1 revenue of $150.97 million, beating the consensus estimate of $148.1 million and representing a 23% year-over-year increase. Adjusted earnings per share came in at $0.02, marking a significant improvement from a loss of $0.12 per share in the same period last year.

Xometry's CEO Randy Altschuler commented on the results, stating, "Our AI powered marketplace continues to gain significant share, deliver record revenue and strong enterprise growth. Customers are increasingly turning to Xometry to procure manufacturing as our marketplace was purpose-built to provide sourcing options domestically and in 50 countries across the world."

Key highlights from the earnings report include: - Marketplace revenue grew 27% year-over-year to $136 million - Gross profit increased 18% to $56.3 million - Adjusted EBITDA improved by $7.5 million year-over-year to $0.1 million - Active buyers increased 22% to 71,454

Looking ahead, Xometry raised its full-year 2025 outlook, now expecting marketplace revenue growth of at least 22%, up from the previous guidance of at least 20%. The company also anticipates being Adjusted EBITDA positive for the full year 2025.

The strong quarterly performance and optimistic forecast appear to be driving investor confidence, as reflected in the pre-market stock price increase. Xometry's focus on AI-powered manufacturing solutions and its expanding global presence continue to position the company for growth in the evolving industrial marketplace.