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Proto Labs Inc - PRLB STOCK NEWS

Welcome to our dedicated page for Proto Labs news (Ticker: PRLB), a resource for investors and traders seeking the latest updates and insights on Proto Labs stock.

PROTO LABS, INC. (symbol: PRLB) is a leading on-demand manufacturer specializing in rapid prototyping and low-volume production. Headquartered in Maple Plain, Minnesota, Proto Labs provides product designers and engineers with fast-turn manufacturing services that include injection molding, CNC machining, and 3-D printing. These services enable the creation of custom parts within days, significantly reducing the time to market for various industries.

Proto Labs offers three distinct manufacturing processes aimed at delivering precision and efficiency. Their injection molding service leverages advanced technology to produce parts with complex geometries and high-detail resolution. CNC machining is employed to create durable parts from a variety of metals and plastics, while their state-of-the-art 3-D printing capabilities allow for the creation of highly detailed prototypes and patterns.

The company's broad range of high-performance materials is suitable for concept models, functional testing, and end-use applications. Proto Labs also acts as a bridge manufacturer, helping clients during production disruptions, and supports limited-quantity and end-of-life production requests.

Financially, Proto Labs derives the majority of its revenue from the United States, serving a diverse client base across multiple sectors including aerospace, medical devices, automotive, and consumer products. Recent achievements include being recognized as one of Minnesota's top workplaces for four consecutive years, underscoring its commitment to a dynamic and innovative work environment.

For those interested in joining this fast-paced, technologically advanced company, Proto Labs regularly updates its career opportunities on its career page.

News

Protolabs Rebrands Its Manufacturing Partner Network from Hubs to Protolabs Network

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Protolabs (PRLB) rebrands its service to Protolabs Network, leveraging global manufacturing partners for expanded capabilities and pricing options. Revenue fulfilled through Protolabs Network increased over 80 percent year-over-year in the third quarter of 2023. The transition signals Protolabs' commitment to a singular global brand and unified customer experience, combining internal digital factories with a global network of suppliers to provide customers a manufacturing resource throughout a product’s entire life cycle.
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Protolabs Reports Financial Results for the Third Quarter of 2023

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Proto Labs, Inc. (NYSE: PRLB) reported record revenue of $130.7 million in the third quarter, a 7.4% increase YoY. Network revenue reached $22.6 million, up 86.9% YoY. GAAP earnings per share were $0.31, while non-GAAP earnings per share were $0.51.
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Protolabs Sets Conference Call to Discuss Third Quarter 2023 Financial Results

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Protolabs to release Q3 2023 financial results on November 3, 2023
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Protolabs Appoints Agnes Semington as Chief Human Resources Officer

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Protolabs announces Agnes Semington as its global Chief Human Resources Officer
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Protolabs to Present at the 2023 Jefferies Industrials Conference

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Proto Labs, Inc. to present at Jefferies Industrials Conference
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Protolabs Names Sean Farrell as Vice President of Sales in Americas

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Protolabs appoints Sean Farrell as Vice President of Sales for the Americas, aiming to shape strategic sales strategy and tailor manufacturing offer to customer needs.
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Protolabs Reports Financial Results for the Second Quarter of 2023

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Proto Labs, Inc. reported a revenue of $122.3 million in the second quarter of 2023, a 3.7% decrease compared to the same period last year. However, revenue generated from the digital network powered by Hubs saw a significant growth of 79.3% year-over-year and 17.6% sequentially. The company had a net loss of $0.4 million in Q2 2023, resulting in a loss per share of $0.01. On a non-GAAP basis, the company reported a net income of $8.7 million, or $0.33 per diluted share. Gross margin was 43.4% of revenue, and non-GAAP gross margin was 44.1% of revenue. The company served 23,377 unique product developers during the quarter and repurchased $9.0 million of shares. Cash and investments balance stood at $102.8 million as of June 30, 2023.
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Protolabs Sets Conference Call to Discuss Second Quarter 2023 Financial Results

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Protolabs (NYSE: PRLB) will release its financial results for the second quarter of 2023 on August 4, 2023. A call to discuss the results will be held at 8:30 a.m. EDT on the same day. The live call can be accessed by dialing 877-709-8150 (U.S.) or 201-689-8354 (outside U.S.) at least five minutes prior to the start time. An audio replay will be available on the Protolabs website.
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Protolabs Introduces Accelerated Anodizing and Chromate Plating for Machined Parts

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Protolabs Reports Financial Results for the First Quarter of 2023

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FAQ

What is the current stock price of Proto Labs (PRLB)?

The current stock price of Proto Labs (PRLB) is $39.88 as of February 28, 2025.

What is the market cap of Proto Labs (PRLB)?

The market cap of Proto Labs (PRLB) is approximately 994.9M.

What services does Proto Labs offer?

Proto Labs provides rapid prototyping and low-volume production services including injection molding, CNC machining, and 3-D printing.

What industries does Proto Labs serve?

Proto Labs serves various sectors including aerospace, medical devices, automotive, and consumer products.

Where is Proto Labs headquartered?

Proto Labs is headquartered in Maple Plain, Minnesota.

How quickly can Proto Labs deliver custom parts?

Proto Labs can manufacture and deliver custom parts within days, thanks to their rapid prototyping and low-volume production services.

What recognition has Proto Labs received?

Proto Labs has been named one of Minnesota's top workplaces for four consecutive years.

Where can I find career opportunities at Proto Labs?

Career opportunities at Proto Labs can be found on their career page at protolabs.com/careers.

What materials does Proto Labs use for manufacturing?

Proto Labs uses a range of high-performance materials ideal for concept models, functional testing, and end-use applications.

What is the primary source of revenue for Proto Labs?

The majority of Proto Labs' revenue is derived from the United States.

How does Proto Labs help during production disruptions?

Proto Labs offers bridge production capabilities to assist clients during manufacturing process disruptions.

What makes Proto Labs' services unique?

Proto Labs' ability to deliver precise, custom parts quickly sets them apart, enabling faster time to market for clients.
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Proto Labs Inc

NYSE:PRLB

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PRLB Stock Data

994.92M
24.00M
0.93%
89.53%
2.73%
Metal Fabrication
Fabricated Structural Metal Products
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United States
Maple Plain