Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
BelgiumIPO:
25 June 2014Website:
http://www.materialise.comNext earnings report:
26 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 22:45:26 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
MTLS Latest News
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The demand environment continues to weigh on Materialise's business, although the Medical segment remains a standout, with strong growth and improving margins. The adoption of robotics in joint replacement surgeries poses a threat to Materialise's medical business, though. Investments in the CO-AM platform and the ACTech facility expansion should begin to pay off in 2024, supporting growth and Materialise's competitive position.
Materialise reported soft Q3 results, but the stock responded positively anyway, indicating how negative sentiment had become. Weak demand in the Manufacturing segment is a drag, but the Software and Medical segments are still holding up. Macro headwinds are likely to be an ongoing issue, but Materialise's valuation is low. Both relative to peers and based on the company's ability to generate cash.
Materialise NV (NASDAQ:MTLS ) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Harriet Fried - LHA Peter Leys - Executive Chairman Koen Berges - CFO Wilfried Vancraen - Founder, CEO & Director Brigitte de Vet - Incoming CEO Conference Call Participants Jacob Stephan - Lake Street Capital Markets Troy Jensen - Lake Street Capital Markets Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Materialise Financial Results Conference Call.
What type of business is Materialise NV?
Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. Its 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/computer-aided manufacturing packages and 3D scanners. This segment serves 3D printing machine manufacturers; production companies and contract manufacturers in automotive, aerospace, consumer goods, and hearing aid industries; and 3D printing service bureaus through its sales force, Website, and third-party distributors. The company's Materialise Medical segment provides medical software that allows medical-image based analysis and engineering, as well as patient-specific design of surgical devices and implants. It serves medical device companies, hospitals, universities, research institutes, and industrial companies through its direct sales force, Website, and picture archiving and communication system partners. Its Materialise Manufacturing segment provides 3D printing services, design and engineering services, and rapid prototyping and additive manufacturing of production parts to industrial and commercial customers. The company has collaboration agreements with Zimmer Biomet Holdings, Inc.; Encore Medical, L.P.; DePuy Synthes Companies of Johnson & Johnson; Limacorporate Spa; Mathys AG; Corin Ltd; Medtronic Inc.; and Abbott Laboratories Inc. Materialise NV was incorporated in 1990 and is headquartered in Leuven, Belgium.
What sector is Materialise NV in?
Materialise NV is in the Technology sector
What industry is Materialise NV in?
Materialise NV is in the Software Application industry
What country is Materialise NV from?
Materialise NV is headquartered in Belgium
When did Materialise NV go public?
Materialise NV initial public offering (IPO) was on 25 June 2014
What is Materialise NV website?
https://www.materialise.com
Is Materialise NV in the S&P 500?
No, Materialise NV is not included in the S&P 500 index
Is Materialise NV in the NASDAQ 100?
No, Materialise NV is not included in the NASDAQ 100 index
Is Materialise NV in the Dow Jones?
No, Materialise NV is not included in the Dow Jones index
When does Materialise NV report earnings?
The next expected earnings date for Materialise NV is 26 July 2024