Proto Labs Q3 Profit Rises to $11.76 Million, Revenue Up 14% to $154.3 Million

Proto Labs Inc. (PRLB) reported third-quarter net income of $11.76 million, or $0.48 per share, up from $7.22 million, or $0.30 per share, a year earlier, the company said. Excluding items, adjusted earnings totaled $15.34 million, or $0.63 per share. Revenue rose 14.0% to $154.32 million from $135.37 million. The company guided next-quarter EPS to $0.46 to $0.54 and revenue to $143.0 million to $151.0 million. Full-year revenue growth is projected at 10% to 11%.