Protolabs Q3 revenue down 3.9% YoY to $126M; GAAP EPS $0.29, non-GAAP $0.47

Proto Labs Inc

2024-Q3 EPS reported $0.67 revenue$379,140,000

Revenue $125.6M, down 3.9% YoY from record $130.7M in Q3 2023.
Net income $7.2M ($0.29 diluted EPS) vs $8.0M ($0.31) in Q3 2023.
Non-GAAP net income $11.8M ($0.47 diluted) vs $13.2M ($0.51).
Protolabs Network revenue grew 11.6% to $25.3M.
Operating cash flow $19.6M; free cash flow $15.5M in Q3 2024.

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