Materialise Q4 EPS $(0.01) Misses $0.06 Estimate, Sales $72.15M Beat $66.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Materialise (NASDAQ:MTLS) reported Q4 earnings with a loss of $(0.01) per share, missing the consensus estimate of $0.06. However, their quarterly sales of $72.15M exceeded the estimate of $66.10M, marking a 7.88% increase from the previous year.
February 21, 2024 | 11:35 am
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NEUTRAL IMPACT
Materialise reported a Q4 EPS loss of $(0.01), missing estimates, but exceeded sales expectations with $72.15M, a 7.88% YOY increase.
The EPS miss could negatively impact investor sentiment short term, but the sales beat and year-over-year growth may offset this, leading to a neutral short term impact on MTLS stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100