Materialise (NASDAQ:MTLS) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Materialise (NASDAQ:MTLS) posted its quarterly earnings data on Wednesday. The software maker reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02, FiscalAI reports. The firm had revenue of $79.97 million for the quarter, compared to analyst estimates of $78.23 million. Materialise had a net margin of 3.77% and a return on equity of 4.05%.

Materialise Stock Up 3.1%

Materialise stock opened at $6.67 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.42 and a quick ratio of 2.24. Materialise has a 1-year low of $4.78 and a 1-year high of $7.50. The company has a market cap of $394.00 million, a PE ratio of 33.35 and a beta of 1.34. The stock’s 50 day moving average price is $6.74 and its 200 day moving average price is $5.97.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Materialise from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Institutional Investors Weigh In On Materialise

Several institutional investors have recently made changes to their positions in MTLS. Quinn Opportunity Partners LLC purchased a new position in shares of Materialise in the 4th quarter valued at about $391,000. Goldman Sachs Group Inc. purchased a new stake in Materialise during the fourth quarter worth about $179,000. Credit Agricole S A purchased a new stake in Materialise during the third quarter worth about $2,166,000. Banque Transatlantique SA acquired a new position in Materialise during the third quarter worth about $86,000. Finally, Walleye Capital LLC purchased a new position in Materialise in the second quarter valued at about $150,000. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

About Materialise

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.