Materialise NV earnings, Revenue beat in Q2

  • Investing.com
Materialise NV earnings, Revenue beat in Q2
Credit: © Reuters.

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 €-0.04 on revenue of €42.68M. Analysts polled by Investing.com anticipated EPS of €-0.07 on revenue of €41.34M.

Materialise NV shares are up 54.34% from the beginning of the year and are trading at €28.26 , down-from-52-week-high.They are outperforming the Nasdaq which is up 17.5% year to date.

Materialise NV follows other major Technology sector earnings this month

Materialise NV's report follows an earnings beat by Microsoft on Wednesday, July 22, 2020, who reported EPS of €1.46 on revenue of €38.03B, compared to forecasts EPS of €1.34 on revenue of €36.54B.

Taiwan Semiconductor had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of €0.79 on revenue of €10.55B, compared to forecast for EPS of €0.72 on revenue of €10.38B.

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