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Materialise ( (MTLS) ) has provided an update.
Materialise NV reported its fourth quarter and full-year 2024 financial results, showing a slight revenue increase of 0.6% in Q4 to 65,680 kEUR and a total annual revenue increase of 4.2% to 266,765 kEUR. The Medical segment demonstrated significant growth with a 14.3% increase in Q4 revenue and a 14.8% rise for the full year. However, the Software and Manufacturing segments saw revenue declines. Despite these mixed results, the company achieved a net profit of 2,907 kEUR in Q4 from a previous net loss, attributed to favorable exchange rates and absence of prior year impairments, indicating a positive shift in profitability.
More about Materialise
Materialise NV is a company operating in the technology sector, specializing in 3D printing solutions. It offers software and services across medical, software, and manufacturing segments, focusing on innovative applications and solutions within these markets.
YTD Price Performance: 30.04%
Average Trading Volume: 195,717
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $548.1M
For an in-depth examination of MTLS stock, go to TipRanks’ Stock Analysis page.
