Materialise First Quarter 2024 Earnings: EPS: €0.061 (vs €0.063 in 1Q 2023)

Materialise (NASDAQ:MTLS) First Quarter 2024 Results

Key Financial Results

• Revenue: €63.6m (down 3.4% from 1Q 2023).
• Net income: €3.59m (down 3.5% from 1Q 2023).
• Profit margin: 5.6% (in line with 1Q 2023).
• EPS: €0.061 (down from €0.063 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Materialise Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 1.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Materialise you should know about.

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