2023-07-26 06:37:44 ET
- Materialise press release ( NASDAQ: MTLS ): Q2 GAAP EPS of -$0.01.
- Revenue of $70.42M increased 11.6% Y/Y.
- The Adjusted EBITDA margin for the second quarter of 2023 was 7.3%, equal to the second quarter of 2022. Excluding the negative impact resulting from the unexpected adverse resolution of an arbitration proceeding, our Adjusted EBITDA margin for the quarter would have been 15.3%.
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2023 Guidance: Mr. Leys concluded, “Seven months into 2023, Materialise continues to expect to report consolidated revenue towards the high end of the €255,000K to €260,000K range we previously provided. We are also maintaining, despite the unexpected arbitration award granted against us in May 2023 for a total amount of €(5,189)K, our Adjusted EBITDA guidance between €28,000K and €33,000K for fiscal year 2023”.
For further details see:
Materialise GAAP EPS of -$0.01, revenue of $70.42M; updates FY23 guidance