Latest news with #InjectionMolding
Yahoo
02-08-2025
- Business
- Yahoo
Proto Labs Inc (PRLB) Q2 2025 Earnings Call Highlights: Record Revenue and Strategic Growth ...
Revenue: $135.1 million, a company record, up 6.5% year over year in constant currencies, and up 7% sequentially. CNC Machining Revenue: Grew 20% over the prior year, with a 30% increase in the US. Injection Molding Revenue: Declined 4% year over year. 3D Printing Revenue: Down 1% year over year. Sheet Metal Revenue: Grew 9% year over year. US Revenue: Grew 12% year over year. Europe Revenue: Declined 15% in constant currencies. Non-GAAP Gross Margin: 44.8%, flat sequentially, down 90 basis points year over year. Non-GAAP Operating Expenses: Increased $2.7 million, up 6% consistent with revenue. Adjusted EBITDA: $19.7 million, or 14.6% of revenue. Non-GAAP Earnings Per Share: $0.41, above guidance range, up $0.08 sequentially, and up $0.03 year over year. Cash from Operations: $10.6 million generated during the second quarter. Share Repurchases: $3.1 million returned to shareholders. Cash and Investments: $123.2 million on balance sheet with zero debt. Q3 2025 Revenue Guidance: Expected between $130 million and $138 million, implying 6% growth year over year in constant currencies. Q3 2025 Non-GAAP EPS Guidance: Expected between $0.35 and $0.43. Warning! GuruFocus has detected 7 Warning Signs with PRLB. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Proto Labs Inc (NYSE:PRLB) delivered record revenue of $135.1 million in the second quarter, exceeding expectations. The company saw a 44% growth in customers utilizing their combined offer over the trailing 12 months. Revenue per customer increased by 11% year over year, indicating strong customer engagement. The metal 3D Printing service in Raleigh, North Carolina received ISO 13,485 certification, enhancing credibility in the medical device manufacturing sector. Proto Labs Inc (NYSE:PRLB) continues to generate healthy cash flows, allowing for ongoing investments in growth and innovation. Negative Points Injection Molding revenue declined by 4% year over year, with noted weakness in the medical sector. 3D Printing revenue was down 1% year over year, reflecting continued weakness in prototyping. European revenue declined by 15% in constant currencies, indicating challenges in the region. Tariffs and changing trade policies created short-term margin pressures, impacting profitability. Gross margin was down 90 basis points year over year, driven by higher growth in network revenue and lower US network margins due to tariffs. Q & A Highlights Q: Can you elaborate on the strength you're seeing in CNC, particularly in terms of growth across the factory and network? A: Daniel Schumacher, CFO: We are experiencing similar growth in both the factory and the network, with a 30% CNC growth in the US driving the overall 20% growth for the company. Suresh Krishna, CEO: We've grown revenues with larger accounts due to our go-to-market reorganization, and our production teams have shown agility in responding to customer needs. Q: Is the CNC work leaning more towards production or prototyping? A: Daniel Schumacher, CFO: It is a combination of both production and prototyping. We don't provide a specific split, but both contribute to our revenue growth. Q: Can you provide more details on the Injection Molding business and the factors affecting its performance? A: Daniel Schumacher, CFO: The network is a small portion of our Injection Molding business, with most of it through the factory. We saw some larger production orders last year, particularly in automotive, which impacted year-over-year comparisons. Currently, we are seeing weakness in the medical sector, but we continue to innovate and add capabilities to drive future production growth. Q: What excites you about joining Proto Labs, and what are your initial observations? A: Suresh Krishna, CEO: I'm excited about the opportunity to reaccelerate growth. My focus is on listening to employees, customers, and partners to remove friction and identify future opportunities. I believe there is significant potential to enhance customer and employee experiences. Q: Can you explain the impact of tariffs on gross margins and how it was addressed? A: Daniel Schumacher, CFO: Tariffs impacted our US network margins, particularly on aluminum and steel. We adjusted pricing and fulfillment strategies, and by June, margins returned to normal. The impact was due to a backlog priced at different assumptions, but adjustments have since stabilized margins. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
01-08-2025
- Automotive
- Yahoo
First Mold to Showcase at Meximold 2025: Empowering North American Automotive Supply Chain with Cost-Effective Injection Solutions
ZHONGSHAN, China, July 31, 2025 /PRNewswire/ -- Precision mold and injection molding manufacturer First Mold announced recently, its participation in Meximold 2025 (Booth #905) at Mexico's Querétaro Exhibition Center this October. Following its appearances at North America's PTXPO and Mexico's Plastimagen earlier this year, this marks the third stop of First Mold's 2025 global strategy. Director of International Business Young Lee and Technical Director Michael Wang will lead the team on-site, delivering high-value injection molding solutions for clients in Mexico and surrounding regions. Precision Positioning: Automotive Industry's Cost-Optimization Partner With 40% of its annual output dedicated to automotive injection parts, First Mold excels in cost control. The exhibition will highlight its end-to-end capabilities for economical interior/exterior components, including mass-produced standardized products like door clips, air vents, and wire harness brackets. By leveraging standardized mold design, material utilization optimization, and Sino-U.S. collaborative production, First Mold helps clients reduce total procurement costs by 15%–20% while maintaining IATF 16949 quality standards. Technical Director Michael Wang emphasized the core advantage: "Many Latin American clients struggle to balance quality and cost. For a Chihuahua-based client, our optimized gate design for a wiper base component reduced defect rates from 0.3% to 0.08%, while modular mold structures cut mold-change time by 40%. These market-proven solutions will be demonstrated live at our booth." Team Commitment: Affordable Rapid-Response Service Director Young Lee highlighted localized support: "Mexican clients prioritize not just competitive pricing but supply chain reliability. First Mold's 48-hour technical response network covers industrial hubs like Monterrey and Querétaro, offering end-to-end support—from drawing reviews to mass-production ramp-up. Last year, we delivered an emergency bumper bracket mold from contract signing to first-sample delivery in just 67 days—combining 'China Speed' with local support." Lee noted that the USMCA-driven supply chain restructuring has spurred Tier-2 suppliers to seek stable, low-risk procurement alternatives. With over 1,000 automotive molds exported annually, First Mold's mature trans-Pacific logistics and customs solutions ensure controllable delivery cycles. Early Bird Program: Tangible Cost Savings To help clients lock in benefits, First Mold offers an exclusive pre-registration plan (by September 30, 2025) via: benefits include: 5% discount on contracts signed during the exhibition. Priority DFM (Design for Manufacturing) analysis to preempt production risks. Exhibition Value: Precision Platform for Growth Markets Meximold—Mexico's largest professional mold exhibition—attracts procurement decision-makers focused on cost optimization. At the previous event, 78% of attendees were from automotive parts manufacturing, with a significant rise in small-to-mid-sized Tier-2 suppliers—First Mold's core client segment. The strategically located Booth #905 (main aisle) ensures efficient connections with results-driven partners. About First Mold Founded in 2011, First Mold specializes in R&D and manufacturing of cost-effective injection molding parts in automotive, aerospace, cosumer electronic industries, operating IATF 16949-certified facilities in China and the Mexico Core products include interior functional parts, exterior structural components, and electrical protection modules, serving Tier-2 suppliers to brands like General Motors, Volkswagen, and Tesla. Business Contact: Name: Young LeePosition: Sales ManagerE-mail: sales@ +86 13925326660Website: View original content: SOURCE First Mold Manufacturing Limited Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
