Shares of the 3D printing player have been drifting downward in 2019.
News & Analysis: Proto Labs
These businesses might be small, but the potential returns could be huge.
A softening economy also weighed on the technology-enabled contract manufacturer's second-quarter results.
PRLB earnings call for the period ending June 30, 2019.
For the first quarter of 2019, the quick-turn contract manufacturer grew revenue 5.3%, while adjusted EPS contracted 2.8% year over year.
The company's cautious second-quarter guidance put pressure on the stock.
PRLB earnings call for the period ending March 31, 2019.
While many analysts will be focused on the latest quarterly projections, here's what I'm watching as a long-term investor.
Proto Labs is a contract manufacturer that makes use of custom software to stay one step ahead of the competition.
3D Systems and Stratasys opened 2019 with a bang. Proto Labs saw a bumpier start to the year.