Proto Labs Q4 Non-GAAP Net Income, Revenue Decline; Q1 Outlook Issued

MT Newswires Live
07 Feb

Proto Labs (PRLB) reported Q4 non-GAAP net income Friday of $0.38 per diluted share, down from $0.46 a year earlier.

Analysts polled by FactSet expected $0.32.

Revenue for the quarter ended Dec. 31 was $121.8 million, down from $125.0 a year earlier.

Analysts surveyed by FactSet expected $120.2 million.

For Q1, the digital manufacturing services provider expects non-GAAP diluted net income per share between $0.26 and $0.34 on revenue of $120 million to $128 million. Analysts polled by FactSet expect non-GAAP EPS of $0.34 on revenue of $124.5 million.

Shares of the company were down more than 3% in Friday's premarket activity.

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