Proto Labs (PRLB) Falls After Missing Q2 Views
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Proto Labs Reports Financial Results for the Second Quarter 2016
July 28, 2016 6:00 AM EDTQuarterly Revenue Increases 17 Percent Year over Year to Record $75.0 Million
MAPLE PLAIN, Minn.--(BUSINESS WIRE)-- Proto Labs, Inc. (NYSE: PRLB), a leading online and technology-enabled, quick-turn, on-demand manufacturer, today announced financial results for the second quarter ended June 30, 2016.
Second Quarter 2016 Highlights include:
Revenue for the second quarter of 2016 was $75.0 million, 17 percent above revenue of $64.0 million in the second quarter of 2015. Alphaform, the German company acquired in the fourth quarter of 2015, contributed $4.8 million in revenue in the second quarter. Excluding this contribution, legacy revenue totaled $70.2... More