Protolabs Reports Financial Results for the Fourth Quarter and Full Year 2018
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Proto Labs (PRLB) PT Lowered to $98 at Piper Jaffray
February 8, 2019 8:56 AM ESTPiper Jaffray analyst Troy Jensen lowered the price target on Proto Labs (NYSE: PRLB) to $98.00 (from $117.00) while maintaining a Neutral rating.
... MoreProto Labs (PRLB) Misses Q4 EPS by 6c, Revenues Miss
February 7, 2019 6:15 AM ESTProto Labs (NYSE: PRLB) reported Q4 EPS of $0.74, $0.06 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $112.8 million versus the consensus estimate of $115.38 million.
Revenue for the fourth quarter of 2018 was $112.8 million, representing a 19.7 percent increase over revenue of $94.2 million in the fourth quarter of 2017.The number of unique product developers and engineers served totaled 20,403 in the fourth quarter of 2018, an increase of 18.2 percent over the fourth quarter of 2017.Net income for the fourth quarter of 2018 was $19.3 million, or $0.71 per diluted share.Non-GAAP net income was $20.3... More