Proto Labs Earnings and Revenue Beat Expectations

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Proto Labs (NYSE: PRLB) released its fourth quarter and full-year 2020 results before the market open on Friday.

Shares of the digital contract manufacturing company slipped 1.8% on Friday. We can probably attribute the market’s slightly negative initial reaction to revenue guidance for the first quarter of 2021 coming in a little lower than Wall Street had been expecting. On the positive side, fourth quarter revenue and earnings both beat the analyst consensus estimate. 

A 3D printing machine at work. Image source: Getty Images.

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