Proto Labs, Inc. (NYSE:PRLB) is expected to report second quarter earnings results, before market open, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.36 per share from revenue of $ 100.46 million.
Looking ahead, the full year income are expected at $ 1.86 per share on the revenues of $ 428.46 million.
Previous Quarter Performance
Proto Labs, Inc. disclosed income for the first quarter of $ 0.61 per share, from the revenue of $ 115.11 million. The quarterly earnings dropped 11.59 percent while revenues fell 0.11 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.39 per share from $ 103.60 million in revenue. The bottom line results beat street analysts by $ 0.22 or 56.41 percent, at the same time, top line results outshined analysts by $ 11.51 million or 11.11 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PRLB was $ 137.93, representing a 118.28 % increase from the 52 week low of $ 63.19 and a 0.2 % decrease over the 52 week high of $ 138.20.
The company has a market capital of $ 3.67 billion and is part of the Industrials sector and Tools & Accessories industry.
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Conference Call
Proto Labs, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.protolabs.com
Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce driven digital manufacturer of custom parts for prototyping and short-run production worldwide. It utilizes injection molding, computer numerical control machining, three-dimensional (3D) printing, and sheet metal fabrication to manufacture custom parts for developers and engineers who use 3D computer-aided design software to design products across a range of end markets. The company was founded in 1999 and is headquartered in Maple Plain, Minnesota.
