Materialise: Q4 Earnings Snapshot

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LEVUEN, Belgium (AP) _ Materialise NV (MTLS) on Tuesday reported a fourth-quarter loss of $2.6 million, after reporting a profit in the same period a year earlier.

The Levuen, Belgium-based company said it had a loss of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share.

The 3D printing software and medical and industrial products company posted revenue of $55.6 million in the period.

For the year, the company reported a loss of $8.7 million, or 16 cents per share, swinging to a loss in the period. Revenue was reported as $209.2 million.

Materialise shares have fallen 44% since the beginning of the year. The stock has more than doubled in the last 12 months.


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