NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Proto Labs, Inc. (“Proto Labs” or “the Company”) (NYSE: PRLB). Investors who purchased Proto Labs securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/PRLB.
Investigation Details
On November 4, 2022, Proto Labs reported Q3 results at the low end of its guidance. The Company also lowered its expected guidance for Q4 of 2024. The Company blamed “a decline in our injection molding revenue, predominantly due to the challenging macroeconomic climate” and “the closure of [Proto’s] Japan operation.” Analysts attribute the Company's downturn in part to heightened competitive pressures.
What's Next?
If you are aware of any facts relating to this investigation or purchased Proto Labs securities, you can assist this investigation by visiting the firm’s site: bgandg.com/PRLB. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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