Investing.com - Materialise NV reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Materialise NV announced earnings per share of €0.00 on revenue of €58.79M. Analysts polled by Investing.com anticipated EPS of €0.00 on revenue of €49.97M.
Materialise NV shares are down 28.53% from the beginning of the year and are trading at €17.06 , down-from-52-week-high.They are under-performing the Nasdaq which is down 19.47% from the start of the year.
Materialise NV shares lost 0.93% in intra-day trade after the report.
Materialise NV follows other major Information Technology sector earnings this month
Materialise NV's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of €2.22 on revenue of €49.36B, compared to forecasts EPS of €2.19 on revenue of €49.01B.
Taiwan Semiconductor had beat expectations on Thursday, April 14, 2022 with first quarter EPS of €1.35 on revenue of €16.94B, compared to forecast for EPS of €1.27 on revenue of €16.73B.
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