Investing.com - Materialise NV reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Materialise NV announced earnings per share of -0.08 on revenue of 53.41M. Analysts polled by Investing.com anticipated EPS of 0.015 on revenue of 44.18M.
Materialise NV shares are up 11% from the beginning of the year and are trading at 32.87 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 11.37% from the start of the year.
Materialise NV follows other major Technology sector earnings this month
Materialise NV's report follows an earnings beat by Apple on Wednesday, who reported EPS of 1.4 on revenue of 89.58B, compared to forecasts EPS of 0.983 on revenue of 76.71B.
Microsoft had beat expectations on Tuesday with third quarter EPS of 1.95 on revenue of 41.71B, compared to forecast for EPS of 1.78 on revenue of 41.04B.
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