The retailer lowered its full-year revenue forecast to $500 million to $525 million after revenue fell 7.2% and a key wholesale deal ended.
On Thursday, Materialise NV reported second-quarter earnings of $3.8 million, with the Belgium-based 3D printing software company posting revenue of $79.8 million for the period.
Joining several other firms reporting fiscal results this week, the Leuven, Belgium-based company continues navigating evolving consumer demand and operational challenges across its medical and industrial product portfolio.
Per-Share earnings reached 7 cents, reflecting Materialise's ongoing performance in the competitive 3D printing sector. Results reflect the company's continued execution across its core product lines.
Investors are monitoring quarterly reports for signs of broader economic stability, with companies including Best Buy and Gap also releasing financial data on Thursday alongside Materialise.
Materialise expects full-year revenue between $317.4 million and $329 million as it advances its medical and industrial product strategies through the remainder of 2026.