On-demand production
Record sales at Protolabs
The first quarter of 2018 ends with record revenue of $107.7 million for Protolabs, a leading provider of rapid on-demand manufacturing; a 34.4 percent increase in revenue compared to $80.2 million in the first quarter of the previous year.
A total of 18,057 individual project inquiries were processed by product developers and engineers in the first quarter of 2018; an increase of 22.0% compared to the first quarter of 2017. Net profit amounted to USD 18.1 million; or USD 0.66 earnings per share (diluted).
"We are very pleased to have started 2018 with the best results in Protolabs' history. With quarterly revenue of $107.7 million, we surpassed the $100 million mark for the first time," said Vicki Holt, President and CEO of Protolabs. "This quarter marks the first time we can include the full results of the Rapid Manufacturing acquisition, which added sheet metal fabrication and CNC processing to our product portfolio. The continued expansion of our offerings increases our value to customers and allows us to support more designers and engineers each quarter." kp
You might also be interested in
GENIAL DREI DIMENSIONAL - we make your ideas tangible
IFC Intelligent Feeding Components GmbH from Oedheim has been using technologies for conveying, sorting, assembling, testing and feeding, as well as robot-assisted systems, to professionally automate the targeted movement of all types of unit loads...
read more...Additive manufacturing as an economical alternative
With the M800 industrial printer, Hahn+Kolb now offers a 3D printer with a multiple print head. According to the manufacturer, this enables precise multiple printing with up to four different materials with clean separation.
read more...Business climate in the automotive industry rises slightly in May
German car manufacturers are somewhat more optimistic about the coming months. The latest ifo survey provides new insights into the situation of the German automotive industry.
read more...Triton Partners takes over Flender
Global investment firm Carlyle has signed an agreement to sell Flender, a provider of mechanical drive technology, to Triton Fund 6, advised by Triton. The terms of the transaction were not disclosed and is expected to close in the fourth quarter of...
read more...DSEI Germany grows to four halls
"Unprecedented demand from the industry"
Nine months before its premiere, the originally planned halls of DSEI Germany are already fully booked. The trade fair is responding with a fourth hall and is expanding to a total of 100,000 square meters of exhibition space. This corresponds to...
read more...Ionos and Q.ANT cooperate on AI
Ionos and Q.ANT want to jointly advance photonic processor technologies for AI and high-performance computers. The aim of the partnership is to build energy-efficient and sovereign AI infrastructures in Europe.
read more...AI automation specialist reorganizes...
Generation change at Insiders Technologies
After almost 30 years at the helm, Werner Weiss is handing over the management of Insiders Technologies. Andree Albrecht takes over the management after a transition phase.
read more...Why the crisis continues
How deep is Germany's chemical industry really in crisis in 2026? After a weak start to the year, burdened by the conflict in the Middle East, high energy costs and global competitive pressure, the German Chemical Industry Association (VCI) paints a...
read more...Freudenberg takes over cleaning specialist Nilfisk
The acquisition of Nilfisk by Freudenberg Home and Cleaning Solutions creates a broad-based provider of professional cleaning solutions.
read more...