Materialise Reports Full Year and Fourth Quarter 2018 Results

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Materialise NV (MTLS) Misses Q4 EPS by 4c, Revenues Beat

March 6, 2019 6:31 AM EST

Materialise NV (NASDAQ: MTLS) reported Q4 EPS of $0.01, $0.04 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $56.12 million versus the consensus estimate of $54.96 million.

Total revenue increased 9.6% to 49,014 kEUR for the fourth quarter of 2018.Adjusted EBITDA increased 4.24% to 6,052 kEUR for the fourth quarter of 2018.Net profit for the fourth quarter of 2018 was 525 kEUR, or 0.01 EUR per diluted share, compared to 1,067 kEUR, over the same period last year.

Executive Chairman Peter Leys commented, 2018 has been a good year for Materialise. Our annual revenues grew by 30%... More