Loading...
•
Sep 30, 2021
Proto Labs Q3 2021 Earnings Report
Proto Labs reported record revenue driven by digital manufacturing capabilities amidst global supply chain and cost inflation.
Key Takeaways
Proto Labs reported record revenue of $125.3 million, a 16.6% increase compared to the third quarter of 2020. Net income was $4.8 million, or $0.17 per diluted share, while non-GAAP net income was $9.7 million, or $0.35 per diluted share.
Revenue for the third quarter of 2021 was $125.3 million, a 16.6 percent increase compared to revenue of $107.5 million in the third quarter of 2020.
Hubs generated $8.8 million of revenue in the third quarter.
Net income for the third quarter of 2021 was $4.8 million, or $0.17 per diluted share.
Protolabs served 23,457 unique product developers during the quarter, representing a 24.8 percent increase over the third quarter of 2020.
Forward Guidance
The company has scheduled a conference call to discuss its third quarter 2021 financial results and fourth quarter 2021 outlook today, October 28, 2021 at 8:30 a.m. EDT.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...