Proto Labs (PRLB) Beats Q3 Earnings and Revenues

PRLB

Proto Labs, Inc. (PRLB - Free Report) specializes in manufacturing custom parts for prototyping and short-run production. The company has a strong product-line, with new introductions likely to capture a greater market share. Demands for its services are high among product developers using three-dimensional computer-aided design to develop products across a diverse range of end-markets. It currently has a $2.2 billion market capitalization.

However, Proto Labs faces risks from geopolitical issues and a competitive business environment. Also, uncertain economic conditions or depressed industrial activities as well as adverse foreign currency movements are other concerning factors. Investors are eagerly waiting for the company’s latest earnings report.

Proto Labs’ financial performances were better-than-expected in the four trailing quarters. Average earnings surprise is a positive 9.11%.

Proto Labs, Inc. Price and EPS Surprise

 

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