Recap: Proto Labs Q1 Earnings

Proto Labs PRLB reported its Q1 earnings results on Friday, May 5, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Proto Labs beat estimated earnings by 30.43%, reporting an EPS of $0.3 versus an estimate of $0.23.

Revenue was up $1.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 13.14% increase in the share price the next day.

Here's a look at Proto Labs's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 0.4 0.39 0.29
EPS Actual 0.26 0.4 0.46 0.38
Revenue Estimate 109.75M 126.11M 127.27M 122.02M
Revenue Actual 115.61M 121.72M 126.90M 124.17M

To track all earnings releases for Proto Labs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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