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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 announced it will release its financial results for the second quarter of 2024 on Friday, August 2, 2024, before the market opens.
The company will host a conference call on the same day at 8:30 a.m. EDT to discuss these results.
Interested parties can join the live webcast through a provided link or access the call by dialing 877-709-8150 (U.S.) or 201-689-8354 (international) at least 5 minutes before the start time.
An audio replay of the call will be available on the Protolabs website approximately two hours after the call concludes.
Protolabs has released its annual 3D Printing Trend Report, based on a survey of over 700 engineering professionals and key market data.
The report highlights significant growth in the additive manufacturing industry.
Key findings include a 10.5% faster-than-predicted market growth, with the market size reaching $28.1 billion in 2024 and $57.1 billion by 2028.
Seventy percent of businesses printed more parts in 2023 than in 2022, and 77% see the medical sector as having the most potential impact.
Production-run volumes are steadily increasing, and new materials are driving innovation.
AI technologies are also enhancing 3D printing capabilities.
Protolabs (NYSE: PRLB) announced its participation in two upcoming major conferences. On June 4, 2024, at 9 a.m. EDT, CEO Rob Bodor will present at the Manufacturing Leadership Council’s ‘Rethink: Accelerating Digital Transformation in Manufacturing’ Summit, discussing the company's Manufacturing 4.0 journey. On June 6, 2024, at 9 a.m. EDT, Bodor will present at William Blair's 44th Annual Growth Stock Conference, covering Protolabs’ operational and financial trends. Both presentations will be available via live webcast, with replays accessible on the company’s investor relations website for 90 days.
Protolabs, Inc. reported strong financial results for Q1 2024 with a total revenue of $128 million, up 1.6% YoY. The revenue from Protolabs Network saw a significant increase of 39% YoY to $24 million. GAAP earnings per share were $0.20, while non-GAAP earnings per share stood at $0.40. The company remains focused on driving profitable growth and enhancing shareholder value.
Protolabs (NYSE: PRLB) collaborates with BioDapt to create custom prosthetics for elite athletes, including Paralympians, through its innovative digital manufacturing services. Founder Mike Schultz, a Paralympic Gold Medalist, leads BioDapt in designing high-performance prosthetic equipment. Protolabs' quick-turn manufacturing capabilities have been important in supporting BioDapt's mission to provide elite adaptive athletes with custom parts that enhance their athletic performance. The partnership has allowed athletes like Noelle Lambert to pursue their Paralympic dreams with cutting-edge prosthetic solutions.