Investing.com - Materialise NV reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Materialise NV announced earnings per share of €-0.01 on revenue of €47.75M. Analysts polled by Investing.com anticipated EPS of €-0.04 on revenue of €41.33M.
Materialise NV shares are down 38% from the beginning of the year and are trading at €38.22 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.25% 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 Microsoft on Tuesday, who reported EPS of €1.82 on revenue of €37.15B, compared to forecasts EPS of €1.54 on revenue of €35.76B.
Taiwan Semiconductor had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of €0.92 on revenue of €12.4B, compared to forecast for EPS of €0.84 on revenue of €11.84B.
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