Proto Labs (PRLB) Tops Q2 EPS by 1c, Beats on Revenues

Proto Labs (NYSE: PRLB) reported Q2 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $82 million versus the consensus estimate of $80.92 million.

Second Quarter 2017 Highlights include:

• Revenue for the second quarter of 2017 was $82.0 million, 9.4 percent above revenue of $75.0 million in the second quarter of 2016.
• The number of unique product developers and engineers served totaled 16,174 in the second quarter of 2017, an increase of 18.8 percent over the second quarter of 2016.
• Net income for the second quarter of 2017 was $12.1 million, or $0.45 per diluted share. Non-GAAP net income, excluding the after-tax expense of stock compensation, amortization of intangibles, legal settlements and unrealized foreign currency gains, was $13.1 million, or $0.49 per diluted share.

For earnings history and earnings-related data on Proto Labs (PRLB) click here.

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