Proto Labs, Facebook make first appearances on ranking
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--Sep. 10, 2015--
Proto Labs, Inc. (NYSE:PRLB) has been named to Fortune Magazine’s 2015
100 Fastest-Growing Companies List, the magazine’s annual compilation of
public companies with the best three-year profit, revenue and stock
growth.
A global, rapid manufacturer of custom prototypes and low-volume
production parts, Proto Labs ranks 75th on Fortune’s list, and is the
only Minnesota company to make the cut.
Proto Labs joins Facebook as first-timers to the rankings. This was the
first year Proto Labs was eligible to make the list, given that Fortune
only reviews public companies that have been trading continuously since
June 20, 2012. Proto Labs went public in February of 2012. Other
familiar brands on Fortune’s list this year include Skechers (No. 21),
Netflix (No. 46) and Under Armour (No. 62). Lannett, a
Philadelphia-based pharmaceuticals company, was named No. 1.
"Our growth has been spurred by increased penetration of the product
developer market space, the addition of additive manufacturing 18 months
ago and the organic launch of five other manufacturing processes and
envelope expansions over the past two years," says Vicki Holt, Proto
Labs President and CEO. "Of course, at the foundation of all of this
growth is the exceptional work of our employees."
Fortune used Proto Labs’ data for the 12 months ended March 31, 2015,
including revenue of $222 million. Proto Labs’ growth numbers include:
three-year annual Earnings Per Share (EPS) growth rate of 36 percent;
three-year annual revenue growth rate of 28 percent; and three-year
annualized total return of 33 percent.
About Proto Labs
Proto Labs is the world’s fastest digital
manufacturing source for custom prototypes and low-volume production
parts. The technology-enabled company uses advanced 3D printing, CNC
machining and injection molding technologies to produce parts within
days. The result is an unprecedented speed-to-market value for product
designers and engineers worldwide. Visit protolabs.com for more
information.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150910006289/en/
Source: Proto Labs
Proto Labs
Bill Dietrick, 763-479-7664
bill.dietrick@protolabs.com
or
Media
Contact:
Hotwire for Proto Labs
Ayla Richards, 646-561-8546
ayla.richards@hotwirepr.com
