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Dec 31, 2019
Proto Labs Q4 2019 Earnings Report
Reported financial results with a slight decrease in revenue but strong cash generation.
Key Takeaways
Proto Labs reported a slight decrease in revenue for Q4 2019 compared to Q4 2018, but highlighted its strong cash generation and healthy balance sheet. The company served a higher number of unique product developers and engineers. They are focusing on strategic investments for long-term business performance.
Revenue for the fourth quarter of 2019 was $111.9 million, a 0.8 percent decrease compared to Q4 2018.
The number of unique product developers and engineers served totaled 20,595, a 0.9 percent increase over the fourth quarter of 2018.
Net income for the fourth quarter of 2019 was $15.2 million, or $0.56 per diluted share.
The company generated $32.3 million in cash from operations during the fourth quarter of 2019.
Forward Guidance
Proto Labs is excited about enhancements to its e-commerce platform and back-end support systems, called Protolabs 2.0, to support customers and strategy for the next decade and beyond.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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