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Proto Labs, Inc. Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Proto Labs, Inc. (PRLB) reported earnings for its third quarter that Increased from the same period last year and beat the Street estimates.

The company's earnings came in at $7.22 million, or $0.30 per share. This compares with $7.19 million, or $0.29 per share, last year.

Excluding items, Proto Labs, Inc. reported adjusted earnings of $11.38 million or $0.47 per share for the period.

Analysts on average had expected the company to earn $0.39 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 7.8% to $135.37 million from $125.62 million last year.

Proto Labs, Inc. earnings at a glance (GAAP) :

-Earnings: $7.22 Mln. vs. $7.19 Mln. last year.
-EPS: $0.30 vs. $0.29 last year.
-Revenue: $135.37 Mln vs. $125.62 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.30 - $0.38
Next quarter revenue guidance: $125.0 - $133.0 Mln

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