Materialise NV (NASDAQ:MTLS) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, MTLS to report 3Q20 revenue of $ 48.65 million.
For the full year, analysts anticipate top line of $ 209.80 million, while looking forward to loss of $ 0.11 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 225.70 million ~ $ 240.22 million
Click Here For More Historical Outlooks Of Materialise NV
Previous Quarter Performance
Materialise NV came out with loss for the second quarter of $ 0.04 per share, from the revenue of $ 42.68 million. The quarterly revenues shrunk 19.74 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.07 per share from $ 48.44 million in revenue. The bottom line results beat street analysts by $ 0.03 or 42.86 percent, at the same time, top line results fell short of analysts by $ 5.76 million or 11.89 percent.
Stock Performance
Shares of Materialise NV traded low $ -3.97 or -9.41 percent on Wednesday, reaching $ 38.22 with volume of 223.50 thousand shares. Materialise NV has traded high as $ 41.63 and has cracked $ 37.84 on the downward trend
According to the previous trading day, closing price of $ 38.22, representing a 296.15 % increase from the 52 week low of $ 10.65 and a 20.2 % decrease over the 52 week high of $ 52.87.
The company has a market capital of $ 2.03 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Materialise NV will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.materialise.com
Materialise NV provides additive manufacturing and medical software, and 3D printing services in Europe, the Americas, Europe and Africa, and the Asia-Pacific. The companys Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations. Its software interfaces between various types of 3D printers; and various software applications and capturing technologies, including computer-aided design packages and 3D scanners.
