earnings
confidence high
sentiment positive
materiality 0.75
Protolabs Q4 revenue up 8.2% to $125M; record FY 2023 revenue of $504M; guides 2024 $495-$525M
Proto Labs Inc
2023-FY EPS reported
$0.66
revenue$503,877,000
- Q4 2023 revenue $125.0M (+8.2% YoY); Network revenue $22.5M (+52% YoY).
- GAAP net income $7.0M ($0.27 EPS) vs loss of $4.24 per share in Q4 2022.
- Non-GAAP net income $11.8M ($0.46 EPS) vs $7.0M ($0.26) in Q4 2022.
- FY 2023 revenue $504.2M (record +4.9%); GAAP net income $17.7M ($0.68 EPS).
- FY 2024 guidance: revenue $495M-$525M; GAAP EPS $0.76-$0.94; non-GAAP EPS $1.58-$1.78.