Proto Labs reported a slight decrease in revenue for Q4 2024 compared to Q4 2023, with a net loss of $(0.4) million. However, non-GAAP net income was $9.4 million. The company's revenue through the Protolabs Network increased by 17.9%.
Revenue was $121.8 million, a 2.6% decrease year-over-year.
Revenue fulfilled through the Protolabs Network increased 17.9% year-over-year.
Net loss was $(0.4) million, compared to a net income of $7.0 million in Q4 2023.
Non-GAAP net income was $9.4 million, compared to $11.8 million in Q4 2023.
In the first quarter of 2025, the Company expects to generate revenue between $120 million and $128 million. The Company expects first quarter 2025 diluted net income per share between $0.08 and $0.16, and non-GAAP diluted net income per share between $0.26 and $0.34.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance