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. reports company developments tied to its digital manufacturing services for custom parts, from prototyping through end-use production. Protolabs serves product developers, engineers, procurement teams, and supply chain groups through capabilities that include CNC machining, injection molding, 3D printing, and sheet metal fabrication, using its own manufacturing facilities and a network of manufacturing partners.
Recurring PRLB news includes quarterly financial results, service-line performance such as CNC machining, margin and cash-flow commentary, product and platform updates such as ProDesk, aerospace manufacturing capabilities, industry research on digital adoption and artificial intelligence, investor conference participation, and leadership-team changes. Company updates also describe strategic priorities around customer experience, innovation, production capacity, and operating efficiency.
Protolabs (NYSE: PRLB), the world's leading digital manufacturing services provider, has announced its participation in the Cantor Fitzgerald Global Technology Conference scheduled for March 11-12, 2025, in New York.
Key highlights include:
- One-on-one investor meetings with Protolabs management
- A fireside chat featuring President and CEO Rob Bodor on March 11 at 3:40 p.m. EDT
- Live webcast availability of the fireside chat
- Replay access through the company's investor relations website section
Protolabs (NYSE: PRLB) reported its Q4 and full-year 2024 financial results. Full-year revenue reached $500.9 million, showing a slight decrease of 0.6% from 2023. The company's Protolabs Network revenue grew significantly by 21.6% to $100.4 million.
Key financial metrics include net income of $16.6 million ($0.66 per diluted share), non-GAAP net income of $41.2 million ($1.63 per diluted share), and improved gross margin of 44.6%. Cash flow from operations increased to $77.8 million from $73.3 million in 2023.
The company announced a new $100 million stock repurchase program and provided Q1 2025 guidance projecting revenue between $120-128 million with expected diluted EPS of $0.08-$0.16.
Protolabs (NYSE: PRLB) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Friday, February 7, 2025. The company will host a conference call to discuss these results at 8:30 a.m. EST on the same day.
Investors can access the live call by dialing 877-709-8150 (U.S.) or 201-689-8354 (international) at least 5 minutes before the start time. A simultaneous webcast will be available through the company's investor relations website, where an audio replay will also be posted approximately two hours after the call ends.
Protolabs (NYSE: PRLB), the world's leading digital manufacturing services provider, has announced its participation in the 27th Annual Needham Growth Conference scheduled for January 15, 2025. The company's management team will be conducting one-on-one meetings with investors during the event.
Chief Financial Officer Dan Schumacher will participate in a fireside chat at 12:45 p.m. EST on January 15. The session will be accessible via live webcast, with a replay available afterwards on the company's investor relations website section.
Protolabs (NYSE: PRLB) has expanded its capabilities to include full-service production, extending beyond its traditional prototyping services. This expansion enables improved volume pricing, enhanced quality control, and focused industry certifications while maintaining quick-turn prototyping capabilities.
The company has evolved its customer experience to offer direct connection with production experts for complete program management. Services now include assistance with quoting, file uploads, complex bill of materials (BoM) management, and strategic sourcing. Operations specialists provide logistics fulfillment support, while applications engineers help optimize CAD models and reduce costs.
The company has reorganized its business structure to create a more streamlined prototyping-to-production experience. High-volume manufacturing with lower piece-part pricing is now available across services, alongside high-requirement molding with verification processes for medical device industry, and advanced polymers and metals in 3D printing for aerospace sector innovation.
Protolabs reported Q3 2024 financial results with revenue of $125.6 million, marking a 3.9% decrease from Q3 2023. The company posted net income of $7.2 million ($0.29 per diluted share) and non-GAAP net income of $11.8 million ($0.47 per diluted share). Protolabs Network generated $25.3 million in revenue, showing an 11.6% increase year-over-year. The company served 22,511 customer contacts with revenue per customer of $5,580. For Q4 2024, Protolabs expects revenue between $115-123 million and diluted EPS between $0.10-0.18.
Protolabs (NYSE: PRLB) has announced that it will release its third quarter 2024 financial results before the market opens on Friday, November 1, 2024. The company will host a conference call to discuss these results at 8:30 a.m. EDT on the same day.
Investors can access the live call by dialing 877-709-8150 within the U.S. or 201-689-8354 from outside the country, at least 5 minutes before the start time. A simultaneous webcast will be available via a provided link and on the investor relations section of Protolabs' website. An audio replay of the call will be accessible on the company's investor relations webpage approximately two hours after the conference call concludes.
Harley-Davidson® Factory Racing has partnered with digital manufacturing leader Protolabs to enhance their performance in the King of the Baggers motorcycle racing series. This collaboration has enabled the team to rapidly iterate and improve their Harley-Davidson Road Glide® motorcycles, resulting in faster, more agile bikes capable of setting course records.
Protolabs' quick-turn manufacturing capabilities allow Harley-Davidson to implement new part designs within days, often just in time for each race. The partnership utilizes various manufacturing processes, including injection molding, machining, sheet metal fabrication, and 3D printing. This iterative approach has led to significant year-over-year improvements in race times and podium finishes for riders Kyle Wyman and James Rispoli.
A new video series highlights this successful partnership, showcasing how Harley-Davidson's engineering expertise combined with Protolabs' digital manufacturing capabilities is driving innovation in the King of the Baggers series.
Protolabs, a digital manufacturing leader, has expanded its 3D printing capabilities with the launch of Axtra3D Hybrid PhotoSynthesis (HPS) technology. This advanced photopolymer process offers highly repeatable and finely detailed 3D printed parts at accelerated speeds, using both a precision laser and digital light processing (DLP) system. HPS complements Protolabs' existing Carbon DLS printers, providing stronger mechanical properties and exceptionally high resolution.
The new technology supports Protolabs' strategy to serve more customer needs and expand into production use cases. Applications include production-grade parts, high-accuracy testing components, and cosmetic prototypes. Two materials are currently available: Tough Black (Loctite Henkel 3843) and Ceramic-filled (BASF 3280), expanding Protolabs' advanced photopolymer library.
Protolabs (NYSE: PRLB), the world's leading digital manufacturing services provider, is set to attend the 2024 Annual Gateway Conference in San Francisco. The event will take place on September 4-5 at the Four Seasons Hotel. Protolabs' management team will be available for one-on-one investor meetings on Wednesday, September 4th.
This conference presents an opportunity for investors to engage directly with Protolabs' leadership, potentially gaining insights into the company's strategies and performance. Interested parties can request an invitation or schedule a meeting by emailing conference@gateway-grp.com.