Proto Labs Caps Another Strong Year With Record Growth

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By Stephen Montemayor, Twin Cities Business

“Shares of Maple Plain-based Proto Labs Inc. jumped Thursday on news that the company reported record fourth-quarter revenues and a big increase for the year.

Proto Labs, which specializes in quick-turn manufacturing of custom parts for prototyping or short-run production, said revenue rose 27 percent to $56.1 million for the fourth quarter ending December 31. Net income for the quarter also rose to $10.2 million, or 39 cents per share, up from $9.5 million for the same quarter a year ago.”

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