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Proto Labs, Inc. (PRLB) is a leading digital manufacturer specializing in custom prototypes and on-demand production parts. The company leverages advanced manufacturing technologies, including injection molding, CNC machining, 3D printing, and sheet metal fabrication, to produce high-quality plastic, metal, and liquid silicone rubber parts. PRLB serves a diverse customer base of product developers, engineers, and supply chain professionals, offering fast and efficient solutions for bringing new ideas to market.
- Injection Molding - Manufactures custom plastic, metal, and liquid silicone rubber parts using advanced injection molding processes to deliver high-quality prototypes and production parts.
- CNC Machining - Produces precision-machined parts from a variety of materials, offering rapid turnaround for both prototypes and low-volume production.
- 3D Printing - Provides additive manufacturing services for creating complex and detailed parts using a range of 3D printing technologies and materials.
- Sheet Metal - Fabricates custom sheet metal parts for prototypes and low-volume production, supporting a variety of applications and industries.
- Other Revenue - Includes additional services and offerings that complement the core manufacturing processes.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Daniel Schumacher Executive | Chief Financial Officer | None | Daniel Schumacher joined PRLB in April 2017. He became CFO in June 2022 after serving as VP of Investor Relations and FP&A and Interim CFO. He plays a key role in financial planning and investor communication. | |
Michael R. Kenison Executive | Vice President/General Manager - Americas | None | Michael R. Kenison has been with PRLB since 2013, serving as VP of Manufacturing - Americas before becoming VP/GM - Americas in June 2021. | |
Oleg Ryaboy Executive | Chief Technology Officer | None | Oleg Ryaboy became CTO in September 2022. He previously held leadership roles at Digital River, driving innovation and positive change at PRLB. | |
Robert Bodor Executive | President and Chief Executive Officer | None | Robert Bodor joined PRLB in December 2012 and became CEO in March 2021. He has held various roles, including CTO and VP/GM - Americas, contributing significantly to the company's strategy and growth. | View Report → |
Archie C. Black Board | Director | Executive Chair at SPS Commerce, Inc., Board Member at Graco, Inc. | Archie C. Black has been a director since March 2016. He has extensive management and operational experience, having transformed a tech startup into a global business. | |
Donald G. Krantz Board | Director | Associate at Digi Labs, Advisory Board Member at Activated Research Company | Donald G. Krantz has been a director since 2017. He previously served as EVP and Technology Officer at PRLB, contributing to the company's operations and technology leadership. | |
Moonhie Chin Board | Director | Board Member at FARO Technologies, Inc. | Moonhie Chin has been a director since 2019. She has expertise in business model transformation and digital platforms, with a focus on strategic planning and corporate governance. | |
Rainer Gawlick Board | Chairman of the Board | Progress Software Corporation, ChyronHego, Sectigo, Cloudsense, Oktopost, PhotoShelter | Rainer Gawlick has been a director since 2008 and became Chairman in May 2023. He has extensive experience in sales, marketing, and product management in the tech industry. | |
Stacy Greiner Board | Director | Chief Operating Officer at DailyPay | Stacy Greiner has been a director since 2021. She has over two decades of experience in technology and analytics, focusing on business transformation and customer engagement. | |
Sujeet Chand Board | Director | Board Member at Flowserve Corporation, Veeco Instruments, Inc. | Sujeet Chand has been a director since 2017. He has deep technical expertise from his career at Rockwell Automation and serves on multiple boards. | |
Sven A. Wehrwein Board | Director | Board Member at SPS Commerce, Inc., AtriCure, Inc. | Sven A. Wehrwein has been a director since June 2011. He has over 40 years of experience in accounting and finance, serving as Chair of the Audit Committee. |
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Given the deceleration in Network growth to 11% year-over-year in Q3 2024 from over 80% in Q3 2023, how do you plan to re-accelerate growth in the Network business, especially considering the ongoing contraction in manufacturing?
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With the closure of your prototype Injection Molding facility in Germany and discontinuation of DMLS services in Europe, how will these actions impact your European revenue and customer relationships, and what specific measures are you taking to mitigate potential revenue loss?
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Your gross margins have improved partly due to favorable market conditions with excess capacity in manufacturing; how sustainable are these margin improvements if market conditions tighten, and what strategic initiatives are in place to maintain margins in a more competitive environment?
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Despite efforts to increase revenue per customer, third quarter revenue per customer contact declined 1% year-over-year due to a decline in Injection Molding revenue; what are the underlying causes of this decline, and how do you plan to reverse it to drive growth?
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With the continued headwinds in your Sheet Metal service, which declined 13% year-over-year and has not grown for several quarters, what strategic decisions are you considering for this segment, and is there potential to integrate it into the Network model similar to actions taken with other services?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Hubs | 2021 |
No recent press releases or 8-K filings found for PRLB.