Protolabs Names Sam Ramahi Chief Operations Officer

Insider Monkey··US·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Protolabs announced on August 24 that Sam Ramahi will become its Chief Operations Officer, effective August 31, leading global operations, supply chain, quality, sourcing, and continuous improvement and reporting to President and CEO Suresh Krishna. Ramahi brings more than 25 years of operations leadership at global industrial companies, most recently as Vice President of North America Operations at SIG Group, where he oversaw a 1,300-person organization across five manufacturing facilities supporting $700 million in annual revenue, and previously served as Chief Operating Officer at Jacuzzi Group and in leadership posts at nVent, Eaton, Cooper Industries, Honeywell, and GE Healthcare. The hire follows a second quarter in which Protolabs reported revenue of $149.3 million, up 10.6% year over year, with CNC machining revenue growing 13.6% and injection molding revenue growing 13.1%, while GAAP gross margin rose to 46.4% from 44.3% a year earlier and the company raised its full-year 2026 revenue growth guidance from a range of 6% to 8% up to 8% to 10%. GAAP operating margin came in at 7.6% for the quarter, well below the 12.0% non-GAAP figure, and cash generated from operations was $15.4 million against $149.3 million in revenue. Hedge fund ownership of Protolabs rose from 28 funds to 30 in the most recent quarter, and short interest sits at 3.53% of float.

Impact on assets 5

Industrials▲ · 1 stocks
Proto Labs Inc
PRLB
▲ PositiveCapitalrelevance

Protolabs named Sam Ramahi COO to lead global operations, supply chain, quality and sourcing, following strong Q2 results with 10.6% revenue growth and raised full-year guidance.

Cybersecurity & Digital Trust▲ · 1 stocks
Energy Transition & Power Demand▲ · 1 stocks
Biotech & Genomic Medicine▲ · 1 stocks
Smart City / Autonomous Infrastructure▲ · 1 stocks

Off-coverage companies 1

Jacuzzi GroupPrivate± Mixed
relevance