Here is how Proto Labs (PRLB) and AB SKF (SKFRY) have performed compared to their sector so far this year.
Proto Labs (PRLB) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.47 per share a year ago.
Proto Labs stands to benefit from the increasing demand for US-manufactured products; this demand is already being reflected by high revenue growth in CNC machining, coming from aerospace and defense. Over the past years, PRLB has contracted its margins in the effort of expanding to other segments of the digital manufacturing space, like 3D printing. As a result, the company has experienced a massive sell-off that resulted in an 80% drawdown from its all-time highs.
Proto Labs' cash flows have improved in recent quarters, but the sustainability of this is uncertain due to low CapEx and an ongoing mix shift toward lower margin segments. Growth has also strengthened, driven by a surge in CNC revenue from aerospace and defense customers. While Proto Labs' share price has moved significantly higher, the company's valuation is still fairly reasonable, although this is dependent on the company's ability to drive its margins higher.
Proto Labs (PRLB) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.38 per share a year ago.
3D Printing is reshaping industries with faster production and lower costs, drawing investor interest. Stocks like CRS, ATI, GE and LHX offer strong growth potential.
CRS, ATI, GE, SSYS and MTLS are driving 3D Printing innovation across aerospace, healthcare and defense setors with advanced tech and strong growth prospects.
Proto Labs (PRLB) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago.
Proto Labs, Inc. (NYSE:PRLB ) Q4 2024 Earnings Conference Call February 7, 2025 8:30 AM ET Company Participants Jason Frankman - Vice President and Corporate Controller Rob Bodor - President and Chief Executive Officer Dan Schumacher - Chief Financial Officer Conference Call Participants Brian Drab - William Blair Troy Jensen - Cantor Fitzgerald James Ricchiuti - Needham & Company Greg Palm - Craig-Hallum Capital Group Operator Greetings and welcome to the Proto Labs Fourth Quarter and Fiscal Year 2024 Earnings Call. At this time all participants are in a listen-only mode.
Proto Labs (PRLB) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.46 per share a year ago.
PRLB has enabled services from prototype to production and all stages in between.
Proto Labs, Inc. (PRLB) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PRLB's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.