Proto Labs’ third quarter results were marked by a negative market reaction, despite exceeding Wall Street’s revenue and earnings expectations. Management attributed the company’s performance to robust demand for U.S. CNC machining and sheet metal services, particularly in aerospace, defense, robotics, and semiconductors. CEO Suresh Krishna highlighted improved execution in the U.S. go-to-market teams and noted, “Our record revenue was led by increased demand in our U.S. CNC machining and sheet metal offer ...