Materialise Releases Q1 2016 Financials

Financial results have just been released for Belgium-headquartered Materialise. Showing off numerous positive numbers and increases, we see that they show a total revenue increase of 14.2% from the first quarter of 2015 to 26,667 kEUR. Adjusted EBITDA rose to 1,135 kEUR from (288) kEUR for the first quarter of 2015, and total deferred revenue from annual software sales and maintenance contracts increased 1,731 kEUR from 12,231 kEUR for the first quarter of 2015 to 13,962 kEUR for the first quarter of 20. Materialise Software revenue was up 21.5%, and Materialise Manufacturing revenue was up 13.0% from the first quarter of 2015. Read more at 3DPrint.com: https://3dprint.com/133746/q1-2016-materialise/
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