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Jun 30, 2021
Proto Labs Q2 2021 Earnings Report
Reported record revenue and strong demand despite labor availability challenges in the US.
Key Takeaways
Proto Labs reported a record revenue of $123.0 million for Q2 2021, a 15.5% increase compared to Q2 2020. The company served 23,253 unique product developers during the quarter, representing a 36.5% increase year-over-year.
Revenue for the second quarter of 2021 was $123.0 million, a 15.5 percent increase compared to revenue of $106.6 million in the second quarter of 2020.
Hubs generated $8.9 million of revenue in the second quarter, representing growth of 45.6 percent over the second quarter of 2020.
Net income for the second quarter of 2021 was $12.9 million, or $0.47 per diluted share.
Protolabs served 23,253 unique product developers during the quarter, representing a 36.5 percent increase over the second quarter of 2020.
Forward Guidance
The company scheduled a conference call to discuss its second quarter 2021 financial results and third quarter 2021 outlook today, July 29, 2021 at 8:30 a.m. EDT.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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