• Materialise NV MTLS.OQ reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The lone analyst forecast for the quarter was for earnings of one cent per share.

• Revenue fell 3.5% to €66.26 million from a year ago; analysts expected €65.10 million.

• Materialise NV's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of €1.85 million.

• Materialise NV shares had risen by 6.6% this quarter and lost 15.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Materialise NV is $8.50, about 30.1% above its last closing price of $5.94

This summary was machine generated from LSEG data October 28 at 12:09 p.m. UTC. ​All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)