Materialise NV (MTLS) Reports In-Line Q4 EPS
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Materialise Reports Fourth Quarter 2016 Results
February 24, 2017 6:30 AM ESTLEUVEN, Belgium--(BUSINESS WIRE)-- Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing software and of sophisticated 3D printing services, today announced its financial results for the fourth quarter and the year ended December 31, 2016.
Highlights Fourth Quarter 2016
Total revenue increased 12.3% from the fourth quarter of 2015 to 31,477 kEUR, with increases in all three business segments. Total deferred revenue from annual software sales and maintenance contracts increased 3,663 kEUR from 13,136 kEUR for the fourth quarter of 2015 to 16,799 kEUR. Adjusted EBITDA increased 50% from 2,979 kEUR for the fourth... More