Digital manufacturing firm Proto Labs' Q2 revenue beats estimates
Overview
Proto Labs Q2 revenue rises 7.5% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for Q2 beats consensus, reflecting strong growth through Factory and Network
GAAP net income flat at $4.4 mln, despite record revenue growth
Outlook
Company expects Q3 2025 revenue between $130 mln and $138 mln
Proto Labs forecasts Q3 diluted EPS between $0.17 and $0.25
Company anticipates Q3 non-GAAP EPS between $0.35 and $0.43
Result Drivers
REVENUE GROWTH - Record quarterly revenue driven by digital factory and network fulfillment, per CFO Dan Schumacher
CUSTOMER CONTACTS - Revenue per customer contact rose 10.9% year-over-year, indicating increased customer engagement
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $135.06 mln | $128.10 mln (5 Analysts) |
Q2 Adjusted EPS | Beat | $0.41 | $0.34 (5 Analysts) |
Q2 Adjusted Net Income |
| $10 mln |
|
Q2 Net Income |
| $4.43 mln |
|
Q2 Gross Profit |
| $59.77 mln |
|
Q2 Operating Expenses |
| $54.80 mln |
|
Q2 Operating Income |
| $4.97 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Proto Labs Inc is $45.00, about 12.8% above its July 30 closing price of $39.23
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nBw7SHD6ka
