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MTLS — Materialise NV News Story

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3D-printed medical device maker Materialise beats Q3 revenue estimates on demand in medical segment

Overview

Materialise Q3 revenue beats analyst expectations despite a 3.5% yr/yr decline

Adjusted EBITDA for Q3 misses analyst estimates

Materialise Medical segment revenue grows 10.3% yr/yr, setting a quarterly record

Outlook

Materialise expects 2025 revenue between 265,000k EUR and 280,000k EUR

Company maintains 2025 Adjusted EBIT guidance of 6,000k EUR to 10,000k EUR

Materialise cites geopolitical volatility impacting business environment

Result Drivers

MEDICAL SEGMENT GROWTH - Materialise Medical segment revenue increased 10.3% yr/yr, setting a quarterly record

MANUFACTURING SEGMENT DECLINE - Materialise Manufacturing segment revenue decreased 17.1% yr/yr due to macro-economic headwinds

COST CONTROL MEASURES - Company implemented targeted cost control measures to protect operational profitability

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeatEUR 66.25 mlnEUR 65.10 mln (2 Analysts)
Q3 EPSEUR 0.03
Q3 Net IncomeEUR 1.84 mln
Q3 Adjusted EBITDAMissEUR 8.42 mlnEUR 10 mln (1 Analyst)
Q3 Gross ProfitEUR 37.65 mln
Q3 Operating IncomeEUR 2.52 mln
Q3 Pretax ProfitEUR 2.40 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for Materialise NV is $8.50, about 30.1% above its October 27 closing price of $5.94 The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 26 three months ago Press Release: ID:nBw1NyrkGa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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