Materialise NV (MTLS) Misses Q1 EPS by 6c
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Materialise Reports First Quarter 2016 Results
May 11, 2016 6:30 AM EDTLEUVEN, Belgium--(BUSINESS WIRE)-- Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing software and of sophisticated 3D printing services, today announced its financial results for the first quarter ended March 31, 2016.
Highlights First Quarter 2016
Total revenue increased 14.2% from the first quarter of 2015 to 26,667 kEUR. Adjusted EBITDA rose to 1,135 kEUR from (288) kEUR for the first quarter of 2015. Total deferred revenue from annual software sales and maintenance contracts increased 1,731 kEUR from 12,231 kEUR for the first quarter of 2015 to 13,962 kEUR for the first quarter of 2016.... More