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Stock impact report

Proto Labs Kicks Off 2018 With First Quarter Earnings Growth of 39% [The Motley Fool]

Proto Labs, Inc. Common stock (PRLB) 
Last proto labs, inc. common stock earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: The Motley Fool
Strength in its existing CNC metal-machining business and an acquisition drove first-quarter revenue growth of 34%. Proto Labs ( NYSE:PRLB ) released strong first-quarter 2018 results before the market open on Thursday. The technology-enabled, quick-turn, contract manufacturer of prototypes and low-volume production parts posted revenue and adjusted earnings per share (EPS) growth of 34% and 39%, respectively.  Management attributed the growth to generally robust business performance combined with a boost from the recent changes in the U.S. tax law and the contribution from RAPID Manufacturing, the New Hampshire-based metalworking company Proto Labs acquired on Dec. 1. The market liked the results, sending shares of Proto Labs to a closing gain of 4.3% on Thursday.  Proto Labs' key quarterly numbers Metric Q1 2018 Q1 2017 Year-Over-Year Change Revenue $107.7 million $80.2 million 34.4% GAAP operating i Show less Read more
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