Proto Labs, Inc. (NYSE:PRLB) Q2 2022 Results Earnings Conference Call August 5, 2022 8:30 AM ET

Company Participants

Jason Frankman - Vice President and Corporate Controller

Robert Bodor - President and Chief Executive Officer

Dan Schumacher - Chief Financial Officer

Conference Call Participants

Brian Drab - William Blair

Jim Ricchiuti - Needham & Company

Greg Palm - Craig-Hallum Capital Group

Operator

Greetings. And welcome to Proto Labs Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A 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, Vice President and Corporate Controller. Thank you. Please go ahead.

Jason Frankman

Thank you, Donna. And welcome, everyone, to Proto Labs second quarter 2022 earnings conference call. I'm joined today by Rob Bodor, Proto Labs' 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, 2022. The release is available on the company's website. In addition, our 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'll turn the call over to Rob Bodor. Rob?

Robert Bodor

Thanks, Jason. Good morning, everyone, and thank you for joining our second quarter earnings call. I'm happy to report another strong quarter with revenue and EPS within or above our guidance ranges. Despite ongoing supply chain challenges in the broader manufacturing industry and macroeconomic growth concerns, Proto Labs comprehensive digital manufacturing offer continues to delight our customers.

Highlights of our second quarter performance includes strong growth in our CNC machining, 3D printing, and sheet metal services, as well as another quarter of strong growth at Hubs.