Materialise (MTLS) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Materialise NV has reported a solid second quarter in 2024 with a revenue increase of 6.2% to 68,797 kEUR, and a significant rise in adjusted EBIT from a loss in 2023 to 3,872 kEUR, reflecting a strong performance across all business segments. The company’s net profit also showed a remarkable turnaround from a loss in the previous year to 3,875 kEUR. This robust financial growth is supported by the acquisition of AI-driven simulation tech company FEops, enhancing their position in personalized heart disease treatments.
For further insights into MTLS stock, check out TipRanks’ Stock Analysis page.