Protolabs Reports Financial Results for the Third Quarter of 2024
Proto Labs, Inc. Common stock (PRLB)
Last proto labs, inc. common stock earnings: 4/30 06:00 am
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Source: Business Wire
Total Revenue of $126 MillionGAAP Earnings Per Share of $0.29, Non-GAAP Earnings Per Share of $0.47 MINNEAPOLIS--(BUSINESS WIRE)--Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial Highlights:Revenue was $125.6 million, a 3.9% decrease compared to record revenue of $130.7 million in the third quarter of 2023.Revenue generated from Protolabs Network was $25.3 million, a 11.6% increase compared to the third quarter of 2023.Net income was $7.2 million, or $0.29 per diluted share, compared to $8.0 million, or $0.31 per diluted share, in the third quarter of 2023.Non-GAAP net income was $11.8 million, or $0.47 per diluted share, compared to $13.2 million, or $0.51 per diluted share, in the third quarter of 2023. See “Non-GAAP Financial Measures” below.EBITDA was $17.5 million, or 13.9% of revenue. See “No
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News
- Solid Earnings Reflect Proto Labs' (NYSE:PRLB) Strength As A Business [Yahoo! Finance]Yahoo! Finance
- Proto Labs, Inc. (NYSE: PRLB) had its price target raised by analysts at Craig Hallum from $30.00 to $36.00. They now have a "hold" rating on the stock.MarketBeat
- Proto Labs, Inc. (NYSE: PRLB) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $40.00 price target on the stock.MarketBeat
- Proto Labs, Inc. (NYSE: PRLB) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Proto Labs (PRLB) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
PRLB
Earnings
- 11/1/24 - Beat
PRLB
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- PRLB's page on the SEC website