Proto Labs Inc
XMUN:PRZ
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Earnings Calls
Last Earnings Call
Record quarter: Proto Labs posted record second-quarter revenue of $149.3 million, with 10.2% constant-currency growth and improved profitability.
Broad momentum: Management said growth was driven by stronger relationships with larger customers, continued strength in CNC Machining, and a meaningful acceleration in Injection Molding.
Europe improving: Europe grew 7.3% in constant currencies, helped by go-to-market changes, but management said profitability there is still a medium-term work in progress.
Guidance raised: The company raised full-year 2026 revenue growth guidance to 8% to 10% year-over-year after a strong first half and a solid Q3 outlook.
AI and production focus: Leadership said AI is being used to improve pricing, design-for-manufacturability, sourcing, and internal operations, while also supporting a broader push into production work.
Customer mix shift: Management highlighted more demand from aerospace and defense, data centers, robotics, drones, satellites, and other fast-moving innovation areas.