Materialise reports Q3 EPS EUR0.07 vs. EUR0.02 last year

Reports Q3 revenue EUR60.13M vs. EUR58.3M last year. Executive Chairman Peter Leys commented, “Once again, demand for our products and solutions remained solid throughout the third quarter of this year. While uncertain global macro-economic conditions primarily impacted our Materialise Manufacturing segment, Materialise’s consolidated revenue continued to grow, by 3% compared to the same period last year. This strong performance was mainly driven by the continued double-digit revenue increase of our Materialise Medical segment. At the same time, we grew our consolidated Adjusted EBITDA by 55% to EUR7.857 through our focus on leveraging scaling effects and cost control, and without compromising on our continued investments in our growth businesses.”