Materialise NV (MTLS) Reports Q1 Loss of EUR0.02
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Materialise Reports First Quarter 2017 Results
May 9, 2017 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, 2017.
Highlights First Quarter 2017
Total revenue increased 19.7% from the first quarter of 2016 to 31,921 kEUR, with double-digit increases in all three business segments. Total deferred revenue from annual software sales and maintenance contracts increased by 1,285 kEUR from December 31, 2016 to 18,084 kEUR at the end of the first quarter. Adjusted EBITDA rose... More