Materialise NV (MTLS) Misses Q4 EPS by 7c, offers outlook

Materialise NV (NASDAQ: MTLS) reported Q4 EPS of ($0.01), $0.07 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $72.15 million versus the consensus estimate of $66.85 million.

Outlook:
Based on current market conditions, we expect our full year consolidated revenues to grow to a range of 265,000 to 275,000 kEUR in 2024. The revenue growth will result in an Adjusted EBIT which we currently anticipate to total between 11,000 and 14,000 kEUR. We expect our three segments to contribute to our Adjusted EBIT in line with their contributions to our revenue growth.

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

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