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Mar 31, 2020
Proto Labs Q1 2020 Earnings Report
Proto Labs reported a revenue increase of 1.5% and GAAP EPS of $0.52 for the first quarter of 2020.
Key Takeaways
Proto Labs reported a 1.5% increase in revenue to $115.1 million for the first quarter of 2020. GAAP EPS was $0.52, and non-GAAP EPS was $0.61. The company experienced a slowdown in ordering activity in mid-March due to the global pandemic but saw increased orders for COVID-19 related parts.
Revenue for Q1 2020 was $115.1 million, a 1.5% increase compared to Q1 2019.
GAAP EPS for Q1 2020 was $0.52.
Non-GAAP EPS for Q1 2020 was $0.61.
Net income for Q1 2020 was $14.0 million.
Revenue by Segment
Forward Guidance
The ultimate financial impact of the COVID-19 pandemic is unknown at this time. The company will continue to monitor demand levels and prudently manage expenses.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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