Proto Labs report continued increase in 3D printing income

Proto Labs report continued increase in 3D printing income

Proto Labs Inc. (NYSE:PRLB), the 3D printing on-demand manufacturer, has released financial results for the fourth quarter and full year ended December 31, 2016. Headline figures for the digital manufacturing enterprise show a 12.9% full year revenue increase to $298.1 million compared with $264.1 million in 2015. Net income was $42.7 million, or $1.61 per diluted share, compared with $46.5 million, or $1.77 per diluted share in 2015. Proto Labs consolidated statement of operations 2016. Cash pile for stock repurchase Proto Labs generated $75 million from operations, and increased their cash and equivalents balance to $68.8 million by year […]

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