Proto Labs (PRLB) Tops Q3 EPS by 12c, Revenues Beat
Proto Labs (NYSE: PRLB) reported Q3 EPS of $0.86, $0.12 better than the analyst estimate of $0.74. Revenue for the quarter came in at $115.4 million versus the consensus estimate of $112.57 million.
- Revenue for the third quarter of 2018 was a record $115.4 million, representing a 31.0 percent increase over revenue of $88.1 million in the third quarter of 2017.
- The number of unique product developers and engineers served through our web-based customer interface totaled 20,792 in the third quarter of 2018, an increase of 23.0 percent over the third quarter of 2017.
- Net income for the third quarter of 2018 was a record $20.9 million, or $0.77 per diluted share.
- Non-GAAP net income was $23.4 million, or $0.86 per diluted share. See “Non-GAAP Financial Measures” below.
“We are pleased to deliver another quarter with over 30 percent growth,” said Vicki Holt, President and Chief Executive Officer. “Protolabs again demonstrated strong performance across all of our geographies and in each of our services.”
For earnings history and earnings-related data on Proto Labs (PRLB) click here.
