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Dec 31, 2021
Proto Labs Q4 2021 Earnings Report
Reported strong growth and revenue above expectations.
Key Takeaways
Proto Labs reported a strong fourth quarter with revenue of $123.6 million, an increase of 17.5% year-over-year. The company's net income for the quarter was $11.9 million, or $0.43 per diluted share, and non-GAAP net income was $11.4 million, or $0.41 per diluted share.
Revenue for the fourth quarter of 2021 was $123.6 million, representing a 17.5 percent increase compared to revenue of $105.2 million in the fourth quarter of 2020.
Hubs generated $9.9 million of revenue in the fourth quarter, representing 13.0 percent sequential growth compared to the third quarter of 2021.
Net income for the fourth quarter of 2021 was $11.9 million, or $0.43 per diluted share.
Non-GAAP net income was $11.4 million, or $0.41 per diluted share.
Forward Guidance
Proto Labs has scheduled a conference call to discuss its fourth quarter and full year 2021 financial results and first quarter 2022 outlook today, February 11, 2022 at 8:30 a.m. EST.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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