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Proto Labs Inc. (PRLB)
NYSE:PRLB
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.32Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 40.66%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call revealed strong operational and financial execution with notable improvements in earnings per share, operating cash flow, and gross margins. However, the company faced flat revenue growth and declines in key service areas, along with challenges in the manufacturing sector. Despite these challenges, the focus on comprehensive service offerings and strategic realignment shows promise for future growth.Company Guidance
During the Proto Labs Q3 2024 earnings call, significant guidance was provided, highlighting several key metrics. The company reported a year-to-date growth of over 10% in non-GAAP earnings per share, despite flat revenue growth. In Q3, Proto Labs achieved its highest quarterly operating cash flow since 2020, attributed to improvements in gross margins across its Factory and Network, resulting in a consolidated non-GAAP gross margin of 46.2%. Revenue for Q3 was $125.6 million, a slight decline of 4% year-over-year, while customer contacts numbered 22,511. The company emphasized strategic priorities, including a 35% increase in customer adoption of their combined services offering and a 5% rise in revenue per customer year-to-date. Looking ahead, Q4 2024 revenue is projected to be between $115 million and $123 million, with a non-GAAP EPS guidance range of $0.28 to $0.36.Strong Non-GAAP Earnings Growth
Year-to-date, non-GAAP earnings per share grew over 10% despite flat revenue. Third quarter non-GAAP EPS was $0.47, up $0.09 sequentially.
Record Quarterly Operating Cash Flow
Proto Labs generated its highest quarterly operating cash flow since 2020, amounting to $24.8 million.
Gross Margin Improvements
Consolidated non-GAAP gross margin increased 50 basis points sequentially to 46.2%. Factory gross margin was 49%, and Network gross margin was 35%.
Increase in Comprehensive Service Usage
The number of customers using combined Factory and Network services grew 35% year-over-year.
High Revenue Per Customer Contact
Year-to-date revenue per customer contact is up 5%, indicating a shift toward higher-value production orders.
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PRLB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PRLB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 01, 2024 | $27.40 | $38.00 | +38.69% |
| Aug 02, 2024 | $33.53 | $28.39 | -15.33% |
| May 03, 2024 | $31.14 | $31.09 | -0.16% |
| Feb 09, 2024 | $37.19 | $35.58 | -4.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Proto Labs Inc. (PRLB) report earnings?
Proto Labs Inc. (PRLB) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Proto Labs Inc. (PRLB) earnings time?
Proto Labs Inc. (PRLB) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRLB EPS forecast?
PRLB EPS forecast for the fiscal quarter 2024 (Q4) is 0.32.
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