Materialise NV (MTLS) Reports Q1 Loss of EUR0.05/sh
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Materialise Reports First Quarter 2020 Results
April 30, 2020 6:30 AM EDTLEUVEN, Belgium--(BUSINESS WIRE)-- Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the first quarter ended March 31, 2020.
Highlights First Quarter 2020
Total revenue decreased 1.8% to 46,245 kEUR for the first quarter of 2020 compared to the 2019 period, despite continued revenue growth in our Materialise Software and Materialise Medical segments of 5.0% and 15.3%, respectively. Total deferred revenues from annual software sales and maintenance fees increased 2,037 kEUR to 29,703 kEUR compared to December 31, 2019. Adjusted... More