Materialise NV (MTLS) Tops Q1 EPS by 3c, provides guidance

Materialise NV (NASDAQ: MTLS) reported Q1 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $63.64 million versus the consensus estimate of $64.4 million.

2024 Guidance

Mrs. de Vet-Veithen concluded, “The fundamentals of our three business segments are strong and we remain confident that we are well positioned to deliver on our growth objectives. We continue to expect to report consolidated revenue for the full fiscal year 2024 within the 265,000 to 275,000 kEUR range we communicated in our year-end 2023 earnings announcement in February 2024. We are also maintaining our Adjusted EBIT guidance of 11,000 kEUR to 14,000 kEUR for fiscal year 2024.”

For earnings history and earnings-related data on Materialise NV (MTLS) click here.

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