MAPLE PLAIN, Minn. (AP) — MAPLE PLAIN, Minn. (AP) — Proto Labs Inc. (PRLB) on Friday reported earnings of $5.3 million in its first quarter.
The Maple Plain, Minnesota-based company said it had net income of 20 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 40 cents per share.
The custom parts manufacturer posted revenue of $127.9 million in the period.
For the current quarter ending in June, Proto Labs expects its per-share earnings to range from 30 cents to 38 cents.
The company said it expects revenue in the range of $122 million to $130 million for the fiscal second quarter.
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, source Associated Press News