Market Overview

Proto Labs: Q2 Earnings Insights

Share:

Shares of Proto Labs (NYSE:PRLB) fell 2% after the company reported Q2 results.

Quarterly Results

Earnings per share fell 16.90% over the past year to $0.59, which beat the estimate of $0.38.

Revenue of $106,575,000 decreased by 8.07% from the same period last year, which beat the estimate of $101,500,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/9crcgv9j

Price Action

Company's 52-week high was at $138.20

Company's 52-week low was at $63.19

Price action over last quarter: Up 47.63%

Company Description

Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The largest end market is the United States of America.

 

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Posted-In: Earnings News