Materialise NV (MTLS) Reports Q4 Revenues Beat
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Materialise Reports Fourth Quarter and Full Year 2020 Results
March 9, 2021 6:30 AM ESTLEUVEN, Belgium--(BUSINESS WIRE)-- Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the fourth quarter and full year ended December 31, 2020.
Highlights Fourth Quarter and Full Year 2020
Fourth Quarter 2020:
Total revenue was 45,301 kEUR, a decrease of 10.7% compared to the fourth quarter of 2019, but an increase of 11.1% compared to the third quarter of 2020. Adjusted EBITDA was 7,370 kEUR; Adjusted EBITDA margin was 16.3%. Net loss was (2,118) kEUR, or... More