Proto Labs to Kick Off 3D Printing Earnings Season: What to Watch
Proto Labs (NYSE: PRLB), a leading digital contract manufacturer, is slated to report its fourth-quarter and full-year 2020 results before the market opens on Friday, Feb. 12.
As it usually does, the company (which offers both traditional manufacturing and 3D printing services) will kick off the quarterly earnings season for the 3D printing space. Pure-play 3D printing company 3D Systems is scheduled to release its official results on Wednesday, Feb. 24, while fellow pure-play Stratasys hasn't yet announced a date for its release.
As with many companies that serve customers in the industrial sector, Proto Labs' business has been hurt by the COVID-19 pandemic. But the company has done a good job navigating this challenging crisis, and has easily beat Wall Street's earnings expectations in each of the first three quarters of 2020.
Source Fool.com
