Protolabs

Protolabs appoints Sam Ramahi as chief operations officer, effective August 31, 2026. Ramahi will lead global operations, supply chain, quality, procurement and continuous improvement initiatives and will report to President and CEO Suresh Krishna. He brings more than 25 years of leadership experience in industrial and manufacturing companies, most recently serving as vice president of North America operations at SIG Group. » More on de.investing.com

Proto Labs shares rose to a new 52-week high of $83.19 and are currently trading around $83.25 with a market capitalization of about $2 billion. The price gain follows strong second-quarter results: record revenue of $149.3 million and adjusted earnings of $0.60 per share, beating analysts' estimates. InvestingPro rates the stock as overvalued relative to fair value but notes solid balance-sheet metrics, while Needham upgraded its recommendation to buy and set a price target of $87.00. The stock has gained 85% over the past year and shows continued growth momentum thanks to operational improvements. » More on de.investing.com

Proto Labs appointed Bernardo Parlange as chief commercial officer effective May 18 to lead global sales, marketing and customer success with a focus on accelerating revenue growth and enterprise relationships. The company reported Q1 revenue of $139.3 million, topping estimates and citing double-digit revenue growth, gross margin expansion and improved operating leverage. Management said demand for its digital manufacturing services, including 3D printing for aerospace, remains robust as the firm advances strategic initiatives to scale the business. » More on finance.yahoo.com