Investing.com - Materialise NV reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Materialise NV announced earnings per share of €0.02 on revenue of €60.32M. Analysts polled by Investing.com anticipated EPS of €0.0175 on revenue of €55.56M.
Materialise NV shares are down 42.74% from the beginning of the year and are trading at €14.99 , down-from-52-week-high.They are under-performing the Nasdaq which is down 23.09% from the start of the year.
Materialise NV shares gained 2.81% in pre-market trade the report.
Materialise NV follows other major Information Technology sector earnings this month
Materialise NV's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of €2.23 on revenue of €51.87B, compared to forecasts EPS of €2.29 on revenue of €52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of €1.98 on revenue of €7.28B, compared to forecast for EPS of €1.74 on revenue of €7.06B.
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