Proto Labs(PRLB)

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Proto Labs(PRLB) - 2024 Q3 - Quarterly Report
2024-11-07 20:36
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.001 Per Share PRLB New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...
Why Proto Labs Stock Soared 34% After Earnings
The Motley Fool· 2024-11-01 16:40
Core Viewpoint - Proto Labs stock experienced a significant increase of 34.1% after surpassing analyst expectations for Q3 sales and earnings, indicating potential investment value at a low price-to-free-cash-flow ratio of 10 times [1][5] Group 1: Q3 Performance - Proto Labs reported Q3 sales of $125.6 million, exceeding Wall Street's forecast of $121.4 million [1] - The company achieved a pro forma earnings per share of $0.47, which is nearly 50% higher than the expected $0.32, although GAAP earnings were lower at $0.29 per share, reflecting a 6.5% decline from the previous year [2][3] - Revenue for the quarter fell nearly 4%, but overall performance was better than anticipated by analysts [2] Group 2: Management Insights - CEO Rob Bodor described the results as "solid" despite ongoing challenges in the manufacturing sector that impacted revenue [3] - CFO Dan Schumacher noted that Proto Labs generated its best free cash flow since 2020, totaling $52.2 million in cash profits for the year to date [3] Group 3: Future Projections - Management provided a Q4 sales forecast between $115 million and $123 million, with GAAP profits expected to range from $0.10 to $0.18 per share [4] - At the midpoint of these projections, Proto Labs is expected to end 2024 with approximately $498 million in sales and about $0.81 per share in profit [4] Group 4: Valuation Analysis - Current calculations suggest Proto Labs is trading at about 45 times current-year earnings, which may seem high given the lack of earnings growth [5] - However, if the company maintains its free cash flow generation, it could achieve $70 million in cash profits this year, leading to a price-to-free-cash-flow ratio of less than 10, indicating a potentially attractive valuation [5]
Proto Labs(PRLB) - 2024 Q3 - Earnings Call Transcript
2024-11-01 15:44
Call Start: 08:30 January 1, 0000 9:09 AM ET Proto Labs, Inc. (NYSE:PRLB) Q3 2024 Earnings Conference Call November 01, 2024 08:30 AM ET Company Participants Jason Frankman - VP and Corporate Controller Rob Bodor - President and CEO Dan Schumacher - CFO Conference Call Participants Brian Drab - William Blair Jim Ricchiuti - Needham & Company Troy Jensen - Cantor Fitzgerald Greg Palm - Craig-Hallum Capital Operator Greetings. Welcome to Proto Labs Third Quarter 2024 Earnings Call. At this time, all participa ...
Proto Labs (PRLB) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-01 12:16
Proto Labs (PRLB) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.42%. A quarter ago, it was expected that this custom parts manufacturer would post earnings of $0.34 per share when it actually produced earnings of $0.38, delivering a surprise of 11.76%.Over the last four quarters, ...
Proto Labs(PRLB) - 2024 Q3 - Quarterly Results
2024-11-01 10:08
Exhibit 99.1 3D Printing CNC Machinining letal Fabrical ietal Fabricalities iection Moldin Protolabs Reports Financial Results for the Third Quarter of 2024 Total Revenue of $126 Million GAAP Earnings Per Share of $0.29, Non-GAAP Earnings Per Share of $0.47 MINNEAPOLIS – November 1, 2024 – Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world's leading provider of digital manufacturing services, today announced financial results for the third quarter ended September 30, 2024. Third Quarter ...
Proto Labs(PRLB) - 2024 Q2 - Quarterly Report
2024-08-02 18:30
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.001 Per Share PRLB New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...
Proto Labs(PRLB) - 2024 Q2 - Earnings Call Transcript
2024-08-02 18:22
Proto Labs, Inc. (NYSE:PRLB) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Jason Frankman - VP and Corporate Controller Rob Bodor - President and CEO Dan Schumacher - CFO Conference Call Participants Brian Drab - William Blair Troy Jensen - Cantor Fitzgerald Jim Ricchiuti - Needham & Company Greg Palm - Craig-Hallum Capital Operator Greetings. Welcome to Proto Labs' Second Quarter 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded. At ...
Proto Labs (PRLB) Q2 Earnings Surpass Estimates
ZACKS· 2024-08-02 12:16
Proto Labs (PRLB) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this custom parts manufacturer would post earnings of $0.30 per share when it actually produced earnings of $0.40, delivering a surprise of 33.33%. Over the last four quarters ...
Proto Labs(PRLB) - 2024 Q2 - Quarterly Results
2024-08-02 10:10
Exhibit 99.1 CINC Machining CINC Machining Metal Fabrication Shipstion Moldin Protolabs Reports Financial Results for the Second Quarter of 2024 Total Revenue of $126 Million GAAP Earnings Per Share of $0.18, Non-GAAP Earnings Per Share of $0.38 MINNEAPOLIS – August 2, 2024 – Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world's leading provider of digital manufacturing services, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial H ...
Proto Labs(PRLB) - 2024 Q1 - Quarterly Report
2024-05-03 18:55
Table of Contents Commission File Number: 001-35435 Proto Labs, Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ (Exact name of registrant as speci ...