Proto Labs Reports Record Q1 Revenue and Strong Financial Performance
Proto Labs (PRLB) reported record first-quarter revenue of $139.3 million, up ~10% YoY with a non-GAAP gross margin expansion to 46.2%. The company also achieved an adjusted EPS of $0.54, the highest in over five years. Strong growth was driven by CNC machining and metal 3D printing segments.
Tickers: $PRLB
Topics: guidance_update non_gaap_profitability revenue_growth