Materialise Q2 EPS $(0.01) Misses $0.06 Estimate, Sales $70.42M Miss $73.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Materialise (NASDAQ:MTLS) reported Q2 earnings per share of $(0.01), missing the analyst consensus estimate of $0.06 by 116.67%. This is a 150% decrease from the same period last year. The company also reported quarterly sales of $70.42 million, missing the analyst consensus estimate of $73.98 million by 4.81%. However, this is a 16.75% increase from the same period last year.
July 26, 2023 | 10:31 am
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NEGATIVE IMPACT
Materialise's Q2 earnings per share and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Materialise's Q2 earnings per share and sales missed analyst estimates, which is typically a negative signal for investors. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100