Recap: Proto Labs Q1 Earnings - Proto Labs (NYSE:PRLB)

Proto Labs PRLB reported its Q1 earnings results on Friday, May 6, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Proto Labs beat estimated earnings by 31.03%, reporting an EPS of $0.38 versus an estimate of $0.29.

Revenue was up $8.04 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 5.31% increase in the share price the next day.

Here's a look at Proto Labs's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.27	0.43	0.44	0.42
EPS Actual	0.41	0.35	0.39	0.40
Revenue Estimate	117.36M	126.82M	122.20M	113.22M
Revenue Actual	123.58M	125.34M	123.05M	116.13M

To track all earnings releases for Proto Labs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.