Materialise (MTLS) has released an update.
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Materialise NV has reported a solid second quarter in 2024 with a revenue increase of 6.2% to 68,797 kEUR, and a significant rise in adjusted EBIT from a loss in 2023 to 3,872 kEUR, reflecting a strong performance across all business segments. The company’s net profit also showed a remarkable turnaround from a loss in the previous year to 3,875 kEUR. This robust financial growth is supported by the acquisition of AI-driven simulation tech company FEops, enhancing their position in personalized heart disease treatments.
For further insights into MTLS stock, check out TipRanks’ Stock Analysis page.
