Proto Labs, Inc. (NYSE:PRLB) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET

Company Participants

Jason Frankman - Vice President and Corporate Controller

Rob Bodor - President and Chief Executive Officer

Dan Schumacher - Chief Financial Officer

Conference Call Participants

Jim Ricchiuti - Needham and Company

Greg Palm - Craig Hallum Capital Group

Ben Rose - Battle Road Research

Operator

Greetings and welcome to the Proto Labs’ Q2 2023 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Jason Frankman, VP and Corporate Controller. Thank you Mr. Frankman. You may begin.

Jason Frankman

Thank you, [Camilla] and welcome, everyone, to Proto Labs’ second quarter 2023 earnings conference call. I’m joined today by Rob Bodor, Proto Lab’s President and Chief Executive Officer; and Dan Schumacher, Chief Financial Officer. This morning, Proto Labs issued a press release announcing its financial results for the second quarter ended June 30, 2023. The release is available on the company’s website. In addition, a prepared slide presentation is available online at the web address provided in our press release.

Our discussion today will include statements relating to future performance and expectations that are or may be considered forward-looking statements and subject to many risks and uncertainties that could cause actual results to differ materially from expectations. Please refer to our earnings press release and recent SEC filings, including our annual report on Form 10-K for information on certain risks that could cause actual outcomes to differ materially and adversely from any forward-looking statements made today.

The results and guidance we will discuss include non-GAAP financial measures consistent with our past practice. Please refer to our press release and the accompanying slide presentation at the Investor Relations section of our company website for a complete reconciliation of GAAP to non-GAAP results.

Now, I will turn the call over to Rob Bodor. Rob?

Rob Bodor

Thanks, Jason. Good morning, everyone, and thank you for joining our second quarter earnings call.

This morning, we reported revenue and earnings within our guidance range. While economic conditions are challenging, amplified by the continued contraction of global manufacturing, our uniquely broad customer offering fulfilled through the combination of our internal digital factories and network manufacturing partners allow us to offer customers a differentiated value proposition and serve their various needs despite the economic pressures our customers are facing.