Description: The ongoing relationship of industrial buyers seeking sellers is undergoing some potentially radical changes and these effects have some serious long run implications for American manufacturing.
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The ongoing relationship of industrial buyers seeking sellers is undergoing some potentially radical changes and these effects have some serious long run implications for American manufacturing. Xometry purchased Thomasnet for 300 million dollars in Dec. 2021 and it is a serious attempt to change the dynamics of this relationship. It is critical to understand first this buying process.
Thomasnet has 2.9 million links going to Xometry's sites according to Ahrefs and has added a Xometry validation link to its categories. Thomasnet is aggressively promoting the Xometry platform to their user base on a consistent basis. According to Ahrefs, Thomasnet has a very small Adwords budget while Xometry has a very aggressive budget.
Consensus EPS estimates fall by 41% - stock falls 41% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated.
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