Materialise (MTLS) Reports Q3 EPS of EUR0.05

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Go back to Materialise (MTLS) Reports Q3 EPS of EUR0.05

Materialise Reports Third Quarter 2014 Results

November 12, 2014 6:30 AM EST

LEUVEN, Belgium, Nov. 12, 2014 (GLOBE NEWSWIRE) -- Materialise NV (Nasdaq: MTLS), a leading provider of additive manufacturing software and of sophisticated 3D printing services, today announced its financial results for the third quarter ending September 30, 2014.

Highlights Third Quarter 2014

Revenue increased 16.9% year over year to 19,833 kEUR 3D Printing software sales increased 29% Total software sales were 31% of total revenue R&D increased by 1,145 KEUR to 18.5% of total revenue Adjusted EBITDA, excluding non-cash stock based compensation expenses, was 2,055 kEUR for a 10.4% margin

"Our second quarter... More