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 €0.07 on revenue of €60.27M. Analysts polled by Investing.com anticipated EPS of €-0.045 on revenue of €49.45M.
Materialise NV shares are down 20% from the beginning of the year and are trading at €20.73 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 16.15% from the start of the year.
Materialise NV follows other major Technology sector earnings this month
Materialise NV's report follows an earnings missed by Taiwan Semiconductor on July 15, who reported EPS of €0.929 on revenue of €13.35B, compared to forecasts EPS of €0.9296 on revenue of €13.23B.
Snap had beat expectations on July 22 with second quarter EPS of €-0.1 on revenue of €982.11M, compared to forecast for EPS of €-0.1814 on revenue of €845.61M.
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