Proto Labs Q1 revenue $126.2M (-1.3% YoY); GAAP EPS $0.15, non-GAAP EPS $0.33

Proto Labs Inc

2025-Q1 EPS reported $0.15 revenue$126,205,000

Revenue of $126.2M down from $127.9M in Q1 2024; Network revenue grew 10% to $26.3M.
GAAP net income $3.6M ($0.15 per diluted share) vs $5.3M ($0.20) a year ago.
Non-GAAP net income $8.1M ($0.33 per diluted share) vs $10.4M ($0.40) in Q1 2024.
Digital manufacturing services revenue declined slightly despite 10% network growth.

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