Proto Labs, Inc. |
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Comparison of GAAP to Non-GAAP Revenue Growth |
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(In thousands) |
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(Unaudited) |
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Three Months Ended
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Three Months Ended
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% |
% Change
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|
GAAP |
Adjustments1 |
Non-GAAP |
|
GAAP |
Change2 |
Currencies3 |
|
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| Revenues | |||||||||||||||||||||
| United States | $ |
90,076 |
$ |
- |
|
$ |
90,076 |
$ |
87,811 |
2.6 |
% |
2.6 |
% |
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| Europe |
|
20,787 |
|
648 |
|
|
21,435 |
|
21,254 |
(2.2 |
) |
0.9 |
|
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| Japan |
|
4,245 |
|
(55 |
) |
|
4,190 |
|
4,387 |
(3.2 |
) |
(4.5 |
) |
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| Total Revenue | $ |
115,108 |
$ |
593 |
|
$ |
115,701 |
$ |
113,452 |
1.5 |
% |
2.0 |
% |
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| 1 Revenue for the three-month period ended March 31, 2020 has been recalculated using 2019 foreign currency exchange rates in effect during comparable periods to provide information useful in evaluating the underlying business trends excluding the impact of changes in foreign currency exchange rates. | |||||||||||||||||||||
| 2 This column presents the percentage change from GAAP revenue for the three-month period ended March 31, 2019 to GAAP revenue for the three-month period ended March 31, 2020. | |||||||||||||||||||||
| 3 This column presents the percentage change from GAAP revenue for the three-month period ended March 31, 2019 to non-GAAP revenue for the three-month period ended March 31, 2020 (as recalculated using the foreign currency exchange rates in effect during the three-month period ended March 31, 2019) in order to provide a constant-currency comparison. | |||||||||||||||||||||
Protolabs Reports Financial Results for the First Quarter 2020
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