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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PROTO LABS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Proto Labs, Inc. to present at Jefferies Industrials Conference
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1.8%
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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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Rhea-AI Summary
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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Rhea-AI Summary
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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PROTO LABS, INC.

NYSE:PRLB

PRLB Rankings

PRLB Stock Data

794.67M
25.56M
0.93%
87.64%
2.03%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States of America
Maple Plain

About PRLB

our fast-paced, high-tech work environment is driven by employees who thrive on innovative thinking, making proto labs not only a great place to work, but also one of the fastest growing companies in the region. proto labs was named one of minnesota's top workplaces four years in a row! (we were ranked 15th among large-size companies.) interested in working at proto labs? view open positions at protolabs.com/careers. more about proto labs: proto labs is world’s fastest source for custom prototypes and low-volume production. we offer product designers and engineers three distinct quick-turn manufacturing services that can mold, machine and build parts within days. our additive processes utilize the latest technologies to provide precision accuracy to prototypes, from small parts with complex geometries to large, highly detailed patterns. we have a range of high-performance materials that are ideal for concept models and form, fit and function testing. we stock metal, liquid silic