Protolabs

Product Development Outlook: Economy, Workforce Overtake Supply Chain Challenges as Key Innovation Roadblocks

Retrieved on: 
Tuesday, April 9, 2024
Electronic Design Automation, Consumer Electronics, Medical Devices, Technology, Other Manufacturing, Engineering, Automotive Manufacturing, Transport, Aerospace, Manufacturing, Logistics, Supply Chain Management, Health, Intelligence, Protolabs, Retail

Protolabs surveyed more than 700 engineers, designers, and product developers across all product development stages, from early prototyping to ongoing production.

Key Points: 
  • Protolabs surveyed more than 700 engineers, designers, and product developers across all product development stages, from early prototyping to ongoing production.
  • “While those challenges are evolving, we are excited to assist product developers as they continue to push the pace of innovation beyond what most thought possible.”
    Respondents made clear today’s product development process is driven by a need for speed.
  • Time-related constraints were mentioned far more than any other challenge influencing product development during the prototyping stage.
  • Survey respondents expect to slowly close the door on pandemic-related product development challenges, namely material shortages and supply chain disruption.

Protolabs Reports Financial Results for the Fourth Quarter and Full Year 2023

Retrieved on: 
Friday, February 9, 2024
Technology, Engineering, Manufacturing, Software, Machine Tools, Metalworking & Metallurgy, Hardware, Electronic Design Automation, Retail, Supply Chain Management, Tax, Growth, History, GAAP, Ratio, Protolabs, EST, Depreciation, Adjustment, Video game

Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Fourth Quarter 2023 Financial Highlights:
    Revenue was $125.0 million, an 8.2% increase compared to the fourth quarter of 2022.
  • Revenue generated from Protolabs Network was $22.5 million, a 52.0% increase compared to the fourth quarter of 2022.
  • The Company has scheduled a conference call to discuss its fourth quarter and full year 2023 financial results and first quarter 2024 outlook today, February 9, 2024 at 8:30 a.m. EST.

UpStream Appoints John Way as Chief Financial Officer

Retrieved on: 
Thursday, January 18, 2024
CFO, Organization, UnitedHealth Group, Protolabs, Upstream, Financial management, Health, Management

GREENSBORO, N.C., Jan. 18, 2024 /PRNewswire/ -- UpStream, a leader in managed services for senior healthcare, proudly announces the appointment of John Way as Chief Financial Officer, effective January 2nd. John Way, known for his vast experience in financial leadership across various industries, is set to drive UpStream's strategic financial initiatives, reinforcing the company's commitment to excellence in the senior healthcare sector.

Key Points: 
  • GREENSBORO, N.C., Jan. 18, 2024 /PRNewswire/ -- UpStream, a leader in managed services for senior healthcare, proudly announces the appointment of John Way as Chief Financial Officer, effective January 2nd.
  • John Way, known for his vast experience in financial leadership across various industries, is set to drive UpStream's strategic financial initiatives, reinforcing the company's commitment to excellence in the senior healthcare sector.
  • Lankford Wade, CEO of UpStream, stated, "We are excited to have John Way join us.
  • As John Way assumes his new responsibilities, UpStream acknowledges the substantial contributions of Brendan Shanahan, the outgoing CFO.

HP Highlights Advancements in Polymers and Metals 3D Printing at Formnext 2023

Retrieved on: 
Tuesday, November 7, 2023
Carbon, Printing, Castor oil, Siemens, Additive, Software, PA12, Partnership, CET, 3D printing, 3D, Arkema, Organization, Personalization, Autodesk, Fusion 360, Carbon footprint, CO2, BMW, INDO, Automation, Polymer, HP, Biogas upgrader, HP Inc., Sandvik, Protolabs, Quality control, R, Decathlon, Metal, Industrial design, Powder metallurgy, Electric motor, Materialise NV, Eugène Protot

FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing. HP is also highlighting its industry-leading work with partners and customers including BMW, Decathlon, INDO-MIM, and others.

Key Points: 
  • FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing.
  • To help meet sustainability goals while reducing costs, BMW Group uses the HP Jet Fusion 3D Automation Accessory.
  • HP is also showcasing new 3D polymers solutions, advanced automation capabilities, integrated software options, and 3D metals momentum, including:
    New innovations in HP’s extensive 3D polymers portfolio include the HP Jet Fusion 5600 Series and the HP Jet Fusion 5000 Solution.
  • HP continues its industry-leading momentum in 3D metals announcing new partnerships with INDO-MIM, Sandvik, and Elnik, and additional metals materials with long standing partner GKN Additive.

Protolabs Reports Financial Results for the Third Quarter of 2023

Retrieved on: 
Friday, November 3, 2023
Technology, Engineering, Manufacturing, Software, Machine Tools, Metalworking & Metallurgy, Hardware, Electronic Design Automation, Retail, Supply Chain Management, Adjustment, Protolabs, Depreciation, EBITDA, Growth, Investment, GAAP, NYSE, EDT, Tax, Hub, Cryptocurrency, Video game, Beauty salon, Bank, Insurance

"Protolabs produced third quarter financial results that surpassed our expectations on the top and bottom line.

Key Points: 
  • "Protolabs produced third quarter financial results that surpassed our expectations on the top and bottom line.
  • Gross margin was 45.4% in the third quarter of 2023, up sequentially from 43.4% in the second quarter of 2023.
  • Cash flow from operations was $24.2 million in the third quarter of 2023, compared to $9.3 million in the second quarter of 2023.
  • The Company has scheduled a conference call to discuss its third quarter 2023 financial results and fourth quarter 2023 outlook today, November 3, 2023 at 8:30 a.m. EDT.

PACKSIZE ANNOUNCES THE APPOINTMENT OF TWO NEW BOARD DIRECTORS

Retrieved on: 
Monday, November 6, 2023
Goldman Sachs, Veeco, EnergySolutions, SALT, Celebrity board director, Growth, Rockwell Automation, Flowserve, Management, Protolabs, Packsize

SALT LAKE CITY, Nov. 6, 2023 /PRNewswire/ -- Packsize, the market leader in sustainable, right-sized, on-demand packaging, announced the appointment of David Lockwood and Sujeet Chand to its Board of Directors. The appointment will be effective November 1st.

Key Points: 
  • SALT LAKE CITY, Nov. 6, 2023 /PRNewswire/ -- Packsize , the market leader in sustainable, right-sized, on-demand packaging, announced the appointment of David Lockwood and Sujeet Chand to its Board of Directors.
  • "I couldn't be more pleased with our selection of David and Sujeet as our new Board Directors," said Joel Peterson, Chairman of the Board, Packsize.
  • His extensive leadership experience makes Lockwood well-qualified to serve as a member of the Packsize Board of Directors.
  • "As a new Board member, I'm excited to embark on this journey with Packsize and play a part in shaping the future of sustainable packaging," said Chand.

Protolabs Sets Conference Call to Discuss Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 18, 2023
Engineering, Chemicals, Plastics, Technology, Manufacturing, Software, Other Manufacturing, Hardware, NYSE, EDT, Cryptocurrency, Cassette tape, Protolabs

Protolabs (NYSE: PRLB) announced today that it will issue its financial results for the third quarter of 2023 before the opening of the market on November 3, 2023.

Key Points: 
  • Protolabs (NYSE: PRLB) announced today that it will issue its financial results for the third quarter of 2023 before the opening of the market on November 3, 2023.
  • Protolabs will host a conference call to discuss the results at 8:30 a.m. EDT on the same day.
  • A simultaneous webcast of the call will be available via this link and at the investor relations section of the Protolabs website.
  • An audio replay will be available at the investor relations section of the Protolabs website beginning approximately two hours following the end of the conference call.

Protolabs Appoints Agnes Semington as Chief Human Resources Officer

Retrieved on: 
Thursday, October 5, 2023
Software, Hardware, Technology, Other Manufacturing, Steel, Engineering, Chemicals, Plastics, Automotive Manufacturing, Transport, Aerospace, Manufacturing, Logistics, Supply Chain Management, Multimedia, Semington, Bodor, NYSE, CHRO, Acquisition, Shutterfly, DEI, Human, Management, Protolabs

Protolabs (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced Agnes Semington as its global Chief Human Resources Officer (CHRO).

Key Points: 
  • Protolabs (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced Agnes Semington as its global Chief Human Resources Officer (CHRO).
  • View the full release here: https://www.businesswire.com/news/home/20231005723054/en/
    Protolabs' new Chief Human Resources Officer, Agnes Semington, will lead the digital manufacturer’s global HR organization.
  • (Photo: Business Wire)
    “We are very excited to welcome Agnes as the next leader of our human resources team at Protolabs,” said Rob Bodor, President and CEO at Protolabs.
  • I look forward to building on the strong foundation that has made Protolabs not only a great company, but a sought-after career destination.”
    Bodor added: “Agnes’ appointment reaffirms Protolabs’ commitment to excellence in human resources management.

Top 17 3D Printing Materials Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, September 4, 2023
Plastic, Metal, 3D printing, General Electric, Contender, Powder, Defense, Henkel, 3D, Markforged, GE, AP, Automotive industry, USD, Final good, Printing, GE Aviation, Stratasys, Sandvik, Investment, BASF, 3D Systems, Carpenter Technology Corporation, Arkema, Transport, Investment company, Protolabs, Quadrant, Software, Management, Huntsman, Health care, Ceramic, Application

CHICAGO, Sept. 4, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 17 3D Printing Materials Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Sept. 4, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 17 3D Printing Materials Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • The technology of printing a three-dimensional (3D) object from a digital file using materials such as plastic, metal, and ceramic is called 3D printing, and the materials used are called 3D printing materials.
  • Carpenter Technology through its Carpenter Additive business unit registered a strong position in the global 3D Printing materials market, boasting a strong brand name in the 3D printing materials market.
  • Some of the 3D printing materials offered by the company include plastic, elastomer, metal, wax, and composite materials among others.

Top 17 3D Printing Materials Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, September 4, 2023
Plastic, Metal, 3D printing, General Electric, Contender, Powder, Defense, Henkel, 3D, Markforged, GE, AP, Automotive industry, USD, Final good, Printing, GE Aviation, Stratasys, Sandvik, Investment, BASF, 3D Systems, Carpenter Technology Corporation, Arkema, Transport, Investment company, Protolabs, Quadrant, Software, Management, Huntsman, Health care, Ceramic, Application

CHICAGO, Sept. 4, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 17 3D Printing Materials Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Sept. 4, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 17 3D Printing Materials Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • The technology of printing a three-dimensional (3D) object from a digital file using materials such as plastic, metal, and ceramic is called 3D printing, and the materials used are called 3D printing materials.
  • Carpenter Technology through its Carpenter Additive business unit registered a strong position in the global 3D Printing materials market, boasting a strong brand name in the 3D printing materials market.
  • Some of the 3D printing materials offered by the company include plastic, elastomer, metal, wax, and composite materials among others.