Workflow
Proto Labs(PRLB) - 2020 Q3 - Earnings Call Presentation
Proto LabsProto Labs(US:PRLB)2020-10-29 18:31

Financial Performance - Q3 2020 revenue was $107.5 million, a decrease of 8.5% year-over-year[10, 12] - Non-GAAP EPS for Q3 2020 was $0.67, down 11.8% year-over-year[11, 12] - Non-GAAP gross margin improved to 51.7% in Q3 2020[12, 41] - Sequential revenue increased by 0.9% from Q2 2020 to Q3 2020[12, 27] Revenue Breakdown by Region - Americas revenue was $85.6 million, down 8% year-over-year[13] - Europe revenue was $18.9 million, down 13% year-over-year[13] - Japan revenue was $3.0 million, down 22% year-over-year[13] - Americas accounted for 79.6% of total revenue in Q3 2020[15] Revenue Breakdown by Service - Injection Molding revenue was $53.3 million, down 3% year-over-year[19] - 3D Printing revenue was $16.3 million, up 2% year-over-year[20] - CNC Machining revenue was $33.1 million, down 18% year-over-year[21] - Sheet Metal revenue was $4.0 million, down 24% year-over-year[23] Q4 2020 Outlook - Revenue is projected to be between $96 million and $106 million, representing a year-over-year decrease of 14% to 5%[81]