Materialise NV (MTLS) Misses Q1 EPS by 2c
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Materialise Reports First Quarter 2019 Results
April 30, 2019 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 March31, 2019.
Highlights First Quarter 2019
Total revenue increased 7.3% to 47,115 kEUR for the first quarter of 2019 from 43,899 kEUR for the first quarter of 2018. Total deferred revenue from annual software sales and maintenance contracts increased by 2,305 kEUR to 24,911 kEUR from 22,606 kEUR at the end of 2018. Adjusted EBITDA increased 12% from... More