Proto Labs Q4 Adj. EPS $0.46 Beats $0.30 Estimate, Sales $125.05M Beat $122.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Proto Labs (NYSE:PRLB) reported Q4 adjusted EPS of $0.46, surpassing the $0.30 estimate, and sales of $125.05M, exceeding the $122.72M estimate. This represents a significant increase over the previous year's earnings and sales.
February 09, 2024 | 11:01 am
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Proto Labs reported a strong Q4 with adjusted EPS of $0.46, beating estimates, and sales of $125.05M, also above expectations. Year-over-year growth in earnings and sales was significant.
Proto Labs' Q4 earnings and sales not only surpassed analyst estimates but also showed significant growth compared to the previous year. This positive performance, especially when beating estimates by a wide margin, is likely to instill investor confidence and could lead to a short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100