Shares of Proto Labs (PRLB), a leading digital manufacturing services provider, are soaring 11.96% in Thursday's trading session following the release of its impressive second-quarter 2025 financial results and optimistic third-quarter outlook. The company's performance significantly surpassed analyst expectations, driving investor enthusiasm.
Proto Labs reported record quarterly revenue of $135.1 million for Q2, marking a 7.5% increase year-over-year and beating the analyst consensus estimate of $128.1 million. The company's adjusted earnings per share (EPS) came in at $0.41, significantly outperforming the expected $0.34. This strong performance was driven by growth in both its digital factory and network fulfillment segments, with revenue fulfilled through digital factories growing by 4.8% to $105.8 million, while the Protolabs Network saw an impressive 18.6% growth, reaching $29.3 million.
Adding to the positive sentiment, Proto Labs provided a strong outlook for the third quarter of 2025. The company expects Q3 revenue to be between $130 million and $138 million, surpassing the FactSet consensus estimate of $129.9 million. Additionally, Proto Labs forecasts Q3 adjusted EPS in the range of $0.35 to $0.43, compared to the FactSet estimate of $0.38. CEO Suresh Krishna emphasized the company's focus on driving growth in key performance indicators, expanding production capabilities, and reinforcing its core prototyping offer, which should continue to support Proto Labs' positive momentum in the coming quarters.