Piper Jaffray Remains Bullish on Materialise NV's (MTLS) Growth Opportunities
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Materialise Reports First Quarter 2015 Results
May 13, 2015 6:30 AM EDTLEUVEN, Belgium, May 13, 2015 (GLOBE NEWSWIRE) -- 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, 2015.
Highlights First Quarter 2015
Total revenue increased 24.9% from the first quarter of 2014 to 23,348 kEUR. Revenue from industrial and medical software increased to 38.1% of total revenue. 3D printing software sales increased 51.6% from the first quarter of 2014. Significant increases in S&M (increase of 3,535 kEUR from the first quarter of 2014) and R&D (increase of... More