Proto Labs Q3 Adj EPS $0.51 Beats $0.30 Estimate, Sales $130.71M Beat $122.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Proto Labs (NYSE:PRLB) reported Q3 adjusted earnings of $0.51 per share, beating the analyst consensus estimate of $0.30 by 70%. This is a 27.5% increase from the same period last year. The company also reported quarterly sales of $130.71 million, beating the analyst consensus estimate of $122.77 million, a 7.38% increase from the same period last year.
November 03, 2023 | 10:02 am
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Proto Labs reported strong Q3 results, beating both earnings and sales estimates. This could potentially lead to a positive market reaction.
Proto Labs reported a significant beat on both earnings and sales estimates for Q3. This outperformance is typically viewed positively by the market and could lead to an increase in the stock price in the short term.
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