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 following 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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