Shares of Proto Labs (PRLB), the world's leading provider of digital manufacturing services, surged 8.95% in pre-market trading on Thursday following the release of its impressive second-quarter 2025 financial results and optimistic third-quarter outlook. The company reported record quarterly revenue and earnings that surpassed analyst expectations, demonstrating strong growth and execution in a dynamic market environment.
Proto Labs achieved a record revenue of $135.1 million in 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. Revenue fulfilled through digital factories grew by 4.8% to $105.8 million, while the Protolabs Network saw an impressive 18.6% growth, reaching $29.3 million. Notably, revenue per customer contact rose 10.9% year-over-year to $6,203, indicating increased customer engagement and value delivery.
Looking ahead, 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.