NYSE$PRLB
Proto Labs Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported revenue and non-GAAP earnings per share above expectations, driven by improved productivity and disciplined cost management.
Proto Labs reported a revenue of $107.5 million for Q3 2020, an 8.5 percent decrease compared to Q3 2019. The GAAP EPS was $0.55, and the non-GAAP EPS was $0.67. The company's focus on cost management resulted in sequential margin improvement.
- Revenue for the third quarter of 2020 was $107.5 million, representing an 8.5 percent decrease compared to revenue of $117.5 million in the third quarter of 2019.
- GAAP net income for the third quarter of 2020 was $14.7 million, or $0.55 per diluted share.
- Non-GAAP net income was $17.9 million, or $0.67 per diluted share in the third quarter.
- Gross margin was 50.8 percent of revenue for the third quarter of 2020, up from 49.2 percent for the second quarter of 2020.
Headline financials
Revenue & EPS history
Proto Labs · Revenue · Quarterly
$108M
Revenue by segment
Proto Labs · $131M total across 4 segments · Q3 2023
- CNC Machining$52.9M—40.5%
- Injection Molding$51.7M—39.6%
- 3D Printing$21.6M—16.6%
- Sheet Metal$4.29M—3.3%
Forward guidance
The new Protolabs 2.0 ecommerce digital manufacturing platform will go live in Europe in November, followed by a US debut in the first quarter of 2021.
Tailwinds
- New Protolabs 2.0 ecommerce digital manufacturing platform will go live in Europe in November.
- US debut of the new platform is planned for the first quarter of 2021.
- The new platform will enhance customer experience.
- The new platform will extend the company's position as a leader in digital manufacturing.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.1%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+0.1%
Avg return
30 days after
51%
31 / 61 earnings
Positive
+37.2%
Q3 2023
Best reaction
-31.3%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | +6.3% | +16.8% | |
| Q4 2025 | +28.0% | +28.0% | +9.3% | |
| Q3 2025 | +0.1% | -6.1% | -4.2% | |
| Q1 2025 | +6.2% | +8.0% | +3.3% | |
| Q4 2024 | -6.3% | -1.5% | -14.4% | |
| Q3 2024 | +23.6% | +43.9% | +50.3% | |
| Q2 2024 | -14.5% | -17.7% | -8.8% | |
| Q1 2024 | +0.8% | +1.8% | -0.5% | |
| Q4 2023 | -4.7% | -6.7% | +1.0% | |
| Q3 2023 | +37.2% | +37.7% | +52.3% | |
| Q2 2023 | -8.5% | -11.2% | -5.5% | |
| Q1 2023 | +9.1% | +10.9% | +17.7% | |
| Q4 2022 | +12.5% | +11.6% | +7.5% | |
| Q3 2022 | -31.3% | -38.1% | -27.5% | |
| Q2 2022 | -10.4% | -11.3% | -26.5% | |
| Q1 2022 | -1.5% | -7.7% | +11.8% | |
| Q4 2021 | +3.7% | +10.4% | -4.9% | |
| Q3 2021 | -18.9% | -18.2% | -31.2% | |
| Q2 2021 | -7.2% | -7.1% | -14.1% | |
| Q1 2021 | -0.9% | -6.1% | -13.6% | |
| Q4 2020 | -10.1% | -9.6% | -32.8% | |
| Q3 2020 | +0.5% | +5.7% | +18.1% | |
| Q2 2020 | -12.2% | -12.9% | -1.1% | |
| Q1 2020 | -5.1% | -2.3% | +28.2% | |
| Q4 2019 | -15.7% | -12.4% | -25.6% | |
| Q3 2019 | -10.3% | -8.0% | -9.9% | |
| Q2 2019 | -1.7% | -3.0% | -16.4% | |
| Q1 2019 | -9.9% | -6.3% | -13.7% | |
| Q4 2018 | -20.4% | -20.0% | -18.7% | |
| Q3 2018 | +2.2% | +5.1% | +6.1% | |
| Q2 2018 | -6.7% | -9.2% | +7.0% | |
| Q1 2018 | +1.0% | +0.1% | +0.3% | |
| Q4 2017 | -1.3% | -0.8% | +10.8% | |
| Q3 2017 | +6.6% | +6.4% | +12.7% | |
| Q2 2017 | +2.7% | +5.0% | -2.1% | |
| Q1 2017 | +7.3% | +9.5% | +18.4% | |
| Q4 2016 | +15.1% | +10.9% | +0.7% | |
| Q3 2016 | -13.6% | -12.1% | +7.5% | |
| Q2 2016 | -10.3% | -11.1% | -4.2% | |
| Q1 2016 | -26.4% | — | — | |
| Q4 2015 | +11.3% | — | — | |
| Q3 2015 | +2.8% | — | — | |
| Q2 2015 | +11.4% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | +13.4% | — | — | |
| Q3 2014 | -11.4% | — | — | |
| Q2 2014 | +3.7% | — | — | |
| Q1 2014 | +4.1% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q4 2013 | -3.9% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +15.4% | — | — | |
| Q3 2011 | -2.7% | — | — | |
| Q3 2012 | +19.2% | — | — | |
| Q2 2011 | +10.6% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2011 | +3.7% | — | — | |
| Q4 2011 | +3.7% | — | — | |
| Q1 2012 | +7.4% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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