Materialise NV earnings, Revenue beat in Q3

  • Investing.com
Materialise NV earnings, Revenue beat in Q3
Credit: © Reuters.

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% year to date.

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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