Materialise Reiterated FY24 Revenue of €265M-€275M Vs €268.53M Est
Portfolio Pulse from Benzinga Newsdesk
Materialise has reiterated its FY24 revenue guidance of €265M-€275M, aligning closely with the €268.53M estimate. Despite the integration of FEops, the company maintains its Adjusted EBIT guidance of €11M-€14M.
October 24, 2024 | 10:34 am
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Materialise has reiterated its FY24 revenue guidance of €265M-€275M, aligning closely with the €268.53M estimate. Despite the integration of FEops, the company maintains its Adjusted EBIT guidance of €11M-€14M.
Materialise's reaffirmation of its revenue and EBIT guidance suggests stability and confidence in its financial performance, which is likely to positively impact investor sentiment. The integration of FEops without altering EBIT guidance indicates effective management of acquisitions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100