NYSE$PRLB
Proto Labs Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Proto Labs's Q4 2022 financial results were announced, revealing a decrease in revenue compared to the previous year, but growth in revenue from the digital network powered by Hubs.
Proto Labs reported a decrease in revenue for Q4 2022, totaling $115.6 million, a 6.5% decrease compared to Q4 2021. The company experienced a net loss of $115.1 million, driven by a goodwill impairment charge of $118.0 million, but non-GAAP net income was $7.0 million, or $0.26 per diluted share. The digital network powered by Hubs saw revenue growth of 49.6% over Q4 2021.
- Q4 2022 revenue was $115.6 million, a 6.5% decrease year-over-year.
- Revenue from the digital network powered by Hubs grew 49.6% year-over-year, reaching $14.8 million.
- Net loss for Q4 2022 was $115.1 million, impacted by a goodwill impairment charge of $118.0 million.
- Non-GAAP net income was $7.0 million, or $0.26 per diluted share.
Headline financials
Revenue & EPS history
Proto Labs · Revenue · Quarterly
$116M
Revenue by segment
Proto Labs · $116M total across 5 segments · Q4 2022
- Injection Molding$47.8M—41.3%
- CNC Machining$43.4M—37.5%
- 3D Printing$15.9M—13.8%
- Sheet Metal$6.1M—5.3%
- Other Revenue$2.4M—2.1%
Forward guidance
The company is narrowing its focus in 2023 on growth of its Injection Molding business and accelerating growth from the integrated Protolabs and Hubs CNC offer, while managing expenses to enable continued strategic investments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-0.1%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+0.1%
Avg return
30 days after
51%
31 / 61 earnings
Positive
+37.2%
Q3 2023
Best reaction
-31.3%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | +6.3% | +16.8% | |
| Q4 2025 | +28.0% | +28.0% | +9.3% | |
| Q3 2025 | +0.1% | -6.1% | -4.2% | |
| Q1 2025 | +6.2% | +8.0% | +3.3% | |
| Q4 2024 | -6.3% | -1.5% | -14.4% | |
| Q3 2024 | +23.6% | +43.9% | +50.3% | |
| Q2 2024 | -14.5% | -17.7% | -8.8% | |
| Q1 2024 | +0.8% | +1.8% | -0.5% | |
| Q4 2023 | -4.7% | -6.7% | +1.0% | |
| Q3 2023 | +37.2% | +37.7% | +52.3% | |
| Q2 2023 | -8.5% | -11.2% | -5.5% | |
| Q1 2023 | +9.1% | +10.9% | +17.7% | |
| Q4 2022 | +12.5% | +11.6% | +7.5% | |
| Q3 2022 | -31.3% | -38.1% | -27.5% | |
| Q2 2022 | -10.4% | -11.3% | -26.5% | |
| Q1 2022 | -1.5% | -7.7% | +11.8% | |
| Q4 2021 | +3.7% | +10.4% | -4.9% | |
| Q3 2021 | -18.9% | -18.2% | -31.2% | |
| Q2 2021 | -7.2% | -7.1% | -14.1% | |
| Q1 2021 | -0.9% | -6.1% | -13.6% | |
| Q4 2020 | -10.1% | -9.6% | -32.8% | |
| Q3 2020 | +0.5% | +5.7% | +18.1% | |
| Q2 2020 | -12.2% | -12.9% | -1.1% | |
| Q1 2020 | -5.1% | -2.3% | +28.2% | |
| Q4 2019 | -15.7% | -12.4% | -25.6% | |
| Q3 2019 | -10.3% | -8.0% | -9.9% | |
| Q2 2019 | -1.7% | -3.0% | -16.4% | |
| Q1 2019 | -9.9% | -6.3% | -13.7% | |
| Q4 2018 | -20.4% | -20.0% | -18.7% | |
| Q3 2018 | +2.2% | +5.1% | +6.1% | |
| Q2 2018 | -6.7% | -9.2% | +7.0% | |
| Q1 2018 | +1.0% | +0.1% | +0.3% | |
| Q4 2017 | -1.3% | -0.8% | +10.8% | |
| Q3 2017 | +6.6% | +6.4% | +12.7% | |
| Q2 2017 | +2.7% | +5.0% | -2.1% | |
| Q1 2017 | +7.3% | +9.5% | +18.4% | |
| Q4 2016 | +15.1% | +10.9% | +0.7% | |
| Q3 2016 | -13.6% | -12.1% | +7.5% | |
| Q2 2016 | -10.3% | -11.1% | -4.2% | |
| Q1 2016 | -26.4% | — | — | |
| Q4 2015 | +11.3% | — | — | |
| Q3 2015 | +2.8% | — | — | |
| Q2 2015 | +11.4% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | +13.4% | — | — | |
| Q3 2014 | -11.4% | — | — | |
| Q2 2014 | +3.7% | — | — | |
| Q1 2014 | +4.1% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q4 2013 | -3.9% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +15.4% | — | — | |
| Q3 2011 | -2.7% | — | — | |
| Q3 2012 | +19.2% | — | — | |
| Q2 2011 | +10.6% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2011 | +3.7% | — | — | |
| Q4 2011 | +3.7% | — | — | |
| Q1 2012 | +7.4% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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