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Materialise: 3Q Earnings Snapshot

Materialise: 3Q Earnings Snapshot

LEVUEN, Belgium (AP) _ Materialise NV (MTLS) on Wednesday reported third-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Levuen, Belgium-based company said it had profit of 5 cents.

The 3D printing software and medical and industrial products company posted revenue of $54.1 million in the period.

Materialise shares have increased 9.5 percent since the beginning of the year. The stock has declined 8 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTLS at https://www.zacks.com/ap/MTLS

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