Proto Labs Posts Solid Earnings, Driven by 3D Printing and CNC Machining
Proto Labs (NYSE: PRLB) released solid second-quarter 2017 earnings before the market opened on Thursday. The quick-turn manufacturing service provider's year-over-year revenue increased 9.4% and adjusted earnings per share rose 8.9%.
The market liked the results, sending Proto Labs shares to a closing gain of 3.5% on Thursday. The stock is having a great year: It's up 44.1% in 2017 through Thursday, versus the S&P 500's 11.8% return.
Image source: Proto Labs.
Source: Fool.com
Proto Labs Inc. Stock
€29.08
2.240%
The community is currently still undecided about Proto Labs Inc. with 1 Buy predictions and 0 Sell predictions.
With a target price of 36 € there is a positive potential of 23.8% for Proto Labs Inc. compared to the current price of 29.08 €.
