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Stock impact report

Protolabs Reports Financial Results for the First Quarter of 2024

Proto Labs, Inc. Common stock (PRLB) 
Last proto labs, inc. common stock earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Business Wire
Total Revenue of $128 Million; Protolabs Network Revenue up 39% YoY to $24 MillionGAAP Earnings Per Share of $0.20, Non-GAAP Earnings Per Share of $0.40 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 first quarter ended March 31, 2024.First Quarter 2024 Financial Highlights:Revenue was $127.9 million, a 1.6% increase compared to the first quarter of 2023.Revenue generated from Protolabs Network was $23.9 million, a 38.9% increase compared to the first quarter of 2023.Net income was $5.3 million, or $0.20 per diluted share, compared to $2.7 million, or $0.10 per diluted share, in the first quarter of 2023.Non-GAAP net income was $10.4 million, or $0.40 per diluted share, compared to $7.9 million, or $0.30 per diluted share, in the first quarter of 2023. See “Non-GAAP Financial Measures” below.EBITDA was $15.7 million, or 12.3% of reve Show less Read more
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