Materialise NV Q3 Profit Declines

Materialise NV (MTLS) released earnings for third quarter that decreased from last year

The company's bottom line totaled Euro3.05 million, or Euro0.05 per share. This compares with Euro4.02 million, or Euro0.07 per share, in last year's third quarter.

The company's revenue for the quarter rose 14.2% to Euro68.65 million from Euro60.13 million last year.

Materialise NV earnings at a glance (GAAP) :

-Earnings (Q3): Euro3.05 Mln. vs. Euro4.02 Mln. last year.
-EPS (Q3): Euro0.05 vs. Euro0.07 last year.
-Revenue (Q3): Euro68.65 Mln vs. Euro60.13 Mln last year.

-Guidance:
Full year revenue guidance: EUR 265 mn-EUR275 mn

by RTTNews Staff Writer

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