By Denny Jacob
Proto Labs shares climbed 17% after its fourth-quarter outlook near the top of Wall Street's estimates.
Shares are trading around $31.95. The stock is down 30% on the year so far.
The digital manufacturing services provider guided for revenue between $115 million and $123 million, as well as adjusted earnings per share in the range of 28 cents and 36 cents in the fourth quarter. Analysts polled by FactSet expect $120 million in revenue and 29 cents a share in adjusted earnings.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
November 01, 2024 08:10 ET (12:10 GMT)
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