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Belgian 3D printing software and service provider Materialise (MTLS) has announced that its revenue rose 12% last quarter via the publication of its Q3 2022 financials.
During the quarter, Materialise generated €58.3 million in revenue, which was flat against Q2 2022, but €6.1 million more than it managed to bring in over Q3 2021. On the firm’s earnings call, its CEO Fried Vancraen attributed this growth to the strong performance of its Manufacturing segment. With the division growing 14% through the period, the Belgian said its earnings will “exceed €100 million this year.”
“This result is a combination of reliable and profitable rapid prototyping activity in a mature market and growth of our…