Proto Labs (NYSE:PRLB) stock dropped more than 18 percent after the digital manufacturing service provider reported third-quarter earnings that missed Wall Street’s expectations. Maple Plain, Minnesota-based Proto Labs this morning reported earnings of $4.8 million (or 17¢ per share) off sales of $125.3 million. That’s a 67% decrease from Q3 2020’s earnings of $14.7 million (55¢ […]
Proto Labs
Protolabs to open new Twin Cities plant
Quick-turn manufacturer Protolabs (NYSE: PRLB) plans to have a new plant opened by the end of the year in the northern Minneapolis suburb of Brooklyn Park. Protolabs announced the purchase of the 152,000-square-foot facility on March 16. Financial terms of the deal were not disclosed, but county property records show the building was last sold […]
DeviceTalks West: Expertise you need to know
Medical device suppliers are light years away from the days when they merely filled orders to spec for medtech OEMs – as a visit to the upcoming DeviceTalks West will quickly confirm. From incorporating steerability into catheters to getting validation and testing done right, the companies serving the medical device industry have become specialized experts in […]
Proto Labs gains on Q3 sales, earnings beats
Shares in Proto Labs (NSDQ:PRLB) are up today after the contract manufacturer beat the consensus forecast on Wall Street for its third-quarter sales and earnings. Maple Plain, Minn.-based Proto Labs posted profits of $13.2 million, or 49¢ per share, on sales of $88.1 million for the three months ended Sept. 30, for a bottom-line gain […]
11 companies with interesting technology at MD&M East
Thousands of engineers and executives are expected to descend on the Javits Center in New York next week for MD&M East, the largest medical device manufacturing event on the East Coast. Fun attractions include Apple co-founder Steve “Woz” Wozniak delivering a keynote speech, the 19th annual Medical Design Excellence Awards, robot battles and a 3D printed […]
How Proto Labs is helping to make bioabsorbable surgical staples
Quick-turn contract manufacturer Proto Labs is playing an important role helping Opus KSD (Peacham, Vt.) ramp up production of SubQ It! – a disposable, handheld surgical stapler that uses bioabsorbable fasteners beneath the skin. Health practitioners generally use bioabsorbable, thread-like material or a surgical stapler with metal staples to close the small openings created during laparoscopic surgery. […]
ADM Cleveland: Here are some top medtech manufacturing highlights
The inaugural Advanced Design and Manufacturing is showcasing some of the medical device industry’s top design and manufacturing technology this week at the Huntington Convention Center in Cleveland, Ohio. From manufacturing depression treating machines to dry ice cleaning machines, here are 8 exhibitors you should check out at ADM Cleveland. Next >>
7 disruptive innovations from medical device suppliers
Sometimes an innovation out of a contract manufacturer is truly disruptive when it comes to its potential for the medical device industry. Chris Newmarker, Managing Editor People sometimes make the mistake of viewing innovation as the product of a few geniuses and mavericks. But in fact, it is often the result of teamwork, as the […]
Rapid manufacturing for the medical industry
Speed to market is everything when it comes to development of medical components and devices. This ebook examines various rapid manufacturing options available to today’s medical design engineers and product developers. From 3D printing to injection molding, explore the strengths and weaknesses of each process as well as material options best suited for your particular […]
