Materialise (MTLS) has released an update.
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Materialise NV reported a 6.2% increase in total revenue for Q2 2024, with significant growth in their Medical segment and stable gross profit margins. The company’s net result turned positive at 3,875 kEUR compared to a loss in Q2 2023, and they also experienced a solid cash flow from operating activities. The results indicate a strong financial position with an improved net cash standing and increased shareholder equity.
For further insights into MTLS stock, check out TipRanks’ Stock Analysis page.
