Proto Labs has reported full year 2015 revenue up 26% over 2014 figures of US$209.6 million to US$264.1 million. Q4 revenue increased to a record US$73.8 million, 32% above revenue of$56.1 million in Q4 2014.
Revenue from 3D printing totaled US$9.1 million, while excluding the Alphaform 3D printing revenue of US$2.5 million, legacy 3D printing revenue was US$6.6 million, an increase of 69% from Q4 2014.
‘On a constant currency basis, revenue in North America increased 22%; Europe, excluding Alphaform, grew 35% and Japan was up 54%,’ said Vicki Holt, president and CEO. ‘During the quarter, on a consolidated basis, revenue from injection molding grew 23%, setting another quarterly record and revenue from CNC machining increased 19%. We were especially pleased with the growth of revenue from our legacy 3D printing, up 69%.
‘Our accomplishments in 2015 have positioned us well for continued, sustainable growth and profitability,’ she added. ‘In 2016, we will focus on executing our strategy to reliably and quickly deliver quality custom parts to an increasing number of product developers. [...] We will make further investments in R&D in 2016 and anticipate the launch of at least one significant new product offering within our injection molding service during the year.’
This story uses material from Proto Labs, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
