June 25, 2018 4:39 AM ET

Machinery

Company Overview of Proto Labs, Inc.

Company Overview

Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce enabled digital manufacturer of custom parts for prototyping and short-run production worldwide. It utilizes injection molding, computer numerical control machining, three-dimensional (3D) printing, and sheet metal fabrication to manufacture custom parts for developers and engineers who use 3D computer-aided design software to design products across a range of end markets. The company was founded in 1999 and is headquartered in Maple Plain, Minnesota.

5540 Pioneer Creek Drive

Maple Plain, MN 55359

United States

Founded in 1999

2,266 Employees

Phone:

763-479-3680

Fax:

763-479-2679

Key Executives for Proto Labs, Inc.

Proto Labs, Inc. does not have any Key Executives recorded.

Proto Labs, Inc. Key Developments

Proto Labs, Inc. Presents at 14th Annual Manufacturing Leadership Summit, Jun-12-2018 04:55 PM

Proto Labs, Inc. Presents at 14th Annual Manufacturing Leadership Summit, Jun-12-2018 04:55 PM. Venue: Hyatt Regency Huntington Beach Resort and Spa, 21500 Pacific Coast Hwy, Huntington Beach, California, United States. Speakers: Victoria M. Holt, CEO, President & Director.

Proto Labs, Inc. Presents at William Blair 2018 Growth Stock Conference, Jun-13-2018 12:00 PM

Proto Labs, Inc. Presents at William Blair 2018 Growth Stock Conference, Jun-13-2018 12:00 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Daniel Schumacher, Director of Investor Relations & FP&A, John A. Way, CFO & Executive VP of Development.

Proto Labs, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Second Quarter of 2018; Revises Earnings Guidance for the Full Year 2018

Proto Labs, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company announced total revenue was $107,745,000 compared to $80,167,000 for the same period a year ago. Income from operations was $21,728,000 compared to $17,682,000 for the same period a year ago. Income before income taxes was $21,906,000 compared to $17,997,000 for the same period a year ago. Net income was $18,051,000 compared to $12,200,000 for the same period a year ago. Net income per share, diluted was $0.66 compared to $0.46 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $26,145,000 compared to $18,792,000 for the same period a year ago. Purchases of property and equipment were $25,513,000 compared to $7,812,000 for the same period a year ago. Non-GAAP net income was $19,235,000 compared to $13,568,000 for the same period a year ago. Non-GAAP net income per share, diluted was $0.71 compared to $0.51 per basic and diluted share for the same period a year ago. Non-GAAP income from operations adjusted for stock-based compensation expense and amortization expense was $24,799,000 compared to $19,561,000 for the same period a year ago. The company currently expects second quarter revenue to be in the range of $107 million to $112 million or growth in the range of 30% to 37%. This revenue guidance reflects the following factors. The company estimates foreign currency will have an approximate $2.5 million to $3 million positive impact on second quarter revenues compared to the prior year. The company currently estimates tax rate to be approximately 23% in second quarter. Taking into consideration all the above, the company expects quarterly non-GAAP EPS to be between $0.69 and $0.75 per share in the second quarter. Previously, the company provided annual guidance for 2018, principally to provide visibility to the impact of Rapid Manufacturing on full-year projections. Given first quarter performance and guidance for the second quarter, the company now would expect to be at the high-end of those ranges provided.

Similar Private Companies By Industry

Company Name Region
+Vantage Corporation United States
101 Imports, Inc. United States
21st Century Energy, Inc. United States
360 Yield Center, LLC United States
3DEO, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 21, 2017
The Rapid Manufacturing Group, LLC
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Proto Labs, Inc., please visit www.protolabs.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.