Proto Labs (NYSE: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.
