Materialise NV on Friday reported second-quarter earnings per share of €0.06, exceeding analyst expectations by €0.03, as revenue totaled €70.07 million, surpassing the €68.7 million consensus forecast.
The Belgian 3D printing software and services provider posted a profit despite a 0.00% change in its share price over the past three months, while its stock has gained 29.26% year-over-year. The company’s shares closed at €6.67 on Friday.
Analysts had revised earnings estimates downward by one revision in the 90 days preceding the report, according to InvestingPro, which rated Materialise’s financial health as "fair performance."
