Materialise (MTLS) Misses Q4 EPS by 1c
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Materialise Reports Fourth Quarter 2014 Results
March 4, 2015 6:30 AM ESTLEUVEN, Belgium, March 4, 2015 (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 fourth quarter ending December 31, 2014.
Highlights Fourth Quarter 2014
Total revenue increased 20.9% from the fourth quarter of 2013 to 23,591 kEUR. 3D Printing software sales increased 50.8% from the fourth quarter of 2013. Total software sales were 35.1% of total revenue. Significant acceleration of R&D (increase of 1,758 kEUR) and S&M (increase of 2,641 kEUR). Adjusted EBITDA, excluding non-cash stock based... More