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Proto Labs reported a revenue of $124.2 million for Q1 2022, a 6.9% increase compared to Q1 2021. GAAP earnings per share was $0.19, and non-GAAP earnings per share was $0.38.
Revenue for the first quarter of 2022 was $124.2 million, a 6.9 percent increase year-over-year.
Hubs generated $10.3 million in revenue, representing a 78.6 percent year-over-year growth.
Net income was $5.1 million, or $0.19 per diluted share.
Non-GAAP net income was $10.4 million, or $0.38 per diluted share.
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