Materialise NV (MTLS) Reports In-Line Q1 Loss
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Piper Jaffray Remains Bullish on Materialise NV's (MTLS) Growth Opportunities
May 14, 2015 7:51 AM EDTPiper Jaffray reiterates an Overweight rating on Materialise NV (NASDAQ: MTLS), and lowers the price target to $9.00 (from $10.00) following Q1 beat. MTLS reported revenues of 23.3M (20.2% organic growth), which is roughly 0.6M ahead of consensus estimates (22.7M). Pro Forma EPS of (0.02), was in-line with consensus estimates.
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