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Proto Labs Inc (PRLB) delivers on-demand manufacturing solutions through advanced technologies like injection molding and 3D printing. This news hub provides investors and industry professionals with essential updates about the company's operational developments and strategic direction.
Access timely updates including earnings reports, manufacturing innovations, and partnership announcements. Our curated collection features press releases about new service capabilities, sustainability initiatives, and market expansion efforts within the rapid prototyping sector.
Key content categories include quarterly financial results, technology patent filings, production facility expansions, and leadership updates. Bookmark this page for streamlined access to Proto Labs' latest advancements in digital manufacturing and custom part production.
Protolabs (NYSE: PRLB) has appointed Oleg Ryaboy as the new Global Chief Technology Officer, effective September 9, 2022. Ryaboy brings over 12 years of experience from Digital River, where he served as CTO and transformed the company's platform with artificial intelligence and machine learning. The leadership change aims to strengthen Protolabs' position in digital manufacturing, particularly following the launch of a new e-commerce platform and a distributed supplier network. CEO Rob Bodor expressed confidence in Ryaboy's ability to guide the company's future.
Proto Labs reported record revenue of $126.9 million for Q2 2022, up 3.1% from $123.0 million in Q2 2021. GAAP net income was $2.6 million ($0.09 per diluted share) while Non-GAAP net income stood at $12.8 million ($0.46 per diluted share). The company also noted significant growth in Hubs, generating $11.3 million in revenue, a 26.3% increase year-over-year. Gross margin improved to 45.2% from 44.9% in the previous quarter. The conference call for Q2 results and Q3 outlook is scheduled for August 5, 2022.
Protolabs (NYSE: PRLB) will release its Q2 2022 financial results on August 5, 2022, before market opening. A conference call is scheduled for 8:30 a.m. EDT on the same day to discuss the results, with a simultaneous webcast available on the company’s investor relations website. Protolabs, a leader in digital manufacturing services, provides solutions like injection molding and CNC machining to a global customer base. Interested parties can dial in to access the live call, and an audio replay will be available post-conference.
Protolabs (NYSE: PRLB) has appointed Dan Schumacher as its new Chief Financial Officer (CFO), effective immediately. Schumacher previously served as the interim CFO, overseeing investor relations for nearly five years. His extensive experience includes roles at Stratasys and Rockwell Automation. The leadership transition aims to position Protolabs for continued growth in the digital manufacturing sector, which encompasses services such as injection molding and 3D printing. The company emphasizes its commitment to innovation and speed in manufacturing.
Protolabs (NYSE: PRLB) will present at the William Blair 42nd Annual Growth Stock Conference on June 8 at 9:40 a.m. EDT in Chicago. The company’s President and CEO, Rob Bodor, along with Interim CFO, Dan Schumacher, will discuss recent business developments and financial results. Investors can access a live and archived presentation via this link. Protolabs is a leader in digital manufacturing services, providing solutions like injection molding and 3D printing to global product developers.
Proto Labs, Inc. (NYSE: PRLB) reported a revenue of $124.2 million for Q1 2022, marking a 6.9% increase compared to $116.1 million in Q1 2021. The company achieved a net income of $5.1 million or $0.19 per diluted share, with a non-GAAP EPS of $0.38. Revenue generated from the Hubs segment reached $10.3 million, showing a robust 78.6% year-over-year growth. Gross margin stood at 44.9%, while adjusted EBITDA was $22.3 million, representing 17.9% of revenue. Proto Labs remains confident in its strategic execution for sustainable growth.
Protolabs (NYSE: PRLB) is set to release its financial results for Q1 2022 before market opening on May 6, 2022. A conference call will follow at 8:30 a.m. EDT to discuss the outcomes, with a live webcast available on their investor relations page. Protolabs stands as a leading digital manufacturing service provider, offering various production capabilities including injection molding and 3D printing. Interested parties can access the call by dialing provided numbers or via the company's website for audio replay.
Proto Labs, Inc. (NYSE: PRLB) reported a 18% revenue increase in Q4 2021, reaching $123.6 million compared to $105.2 million in Q4 2020. The company achieved a record annual revenue of $488.1 million, a 12.4% rise from 2020. Q4 net income was $11.9 million or $0.43 per diluted share, while non-GAAP net income was $11.4 million or $0.41 per diluted share. However, gross margin declined to 45.6% from 50.1% in 2020. The company is optimistic about future growth following the acquisition of Hubs.
Protolabs (NYSE: PRLB) will announce its financial results for Q4 and the full year 2021 before market opening on February 11, 2022. A conference call to discuss the results is scheduled for 8:30 a.m. EST that same day, with a simultaneous webcast available on the company's investor relations page. Protolabs specializes in digital manufacturing services, offering rapid production solutions through methods like injection molding, CNC machining, and 3D printing.
