secwatch.observer — SEC 8-K summary
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Issuer:     Proto Labs Inc (PRLB)
CIK:        0001443669
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001628280-23-027385
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Proto Labs Q2 revenue down 3.7% to $122.3M; GAAP loss $0.01, non-GAAP EPS $0.33
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- Revenue of $122.3M, down 3.7% YoY from $126.9M; network revenue $20.2M, up 79.3% YoY.
- GAAP net loss of $0.4M ($0.01 per diluted share) vs. net income of $8.1M ($0.31 per share) in Q2 2022.
- Non-GAAP net income of $8.7M ($0.33 per diluted share); gross margin improved to 44.2%.
- Network revenue grew 17.6% sequentially from Q1 2023; management noted continued strategic shift to digital manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1443669/000162828023027385/0001628280-23-027385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1443669/000162828023027385/prlb-20230804.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-027385

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