For the quarter ended June 2024, IPG Photonics (IPGP) reported revenue of $257.65 million, down 24.2% over the same period last year. EPS came in at $0.45, compared to $1.31 in the year-ago quarter. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how IPG performed in the just reported quarter in terms of the met ...

Emerging growth product sales contributed 46% to revenues, which improved sequentially driven by growth in handheld welding, medical and advanced applications. Revenues of $258 million declined 24% on a year-over-year basis but beat the consensus mark by 0.88%. Unfavorable forex hurt revenue growth by 2%. Quarterly Details Revenues from other applications increased 24% year over year, primarily due to higher revenues in medical and advanced applications. IPG Photonics reported a gross margin of 37.3%, down ...

IPG PHOTONICS CORPORATION (Exact name of registrant as specified in its charter) Delaware 04-3444218 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such fili ...

Eugene Fedotoff - Senior Director, Investor Relations Mark Gitin - Chief Executive Officer Tim Mammen - Senior Vice President & Chief Financial Officer Operator Eugene Fedotoff For additional details on our reported results, please refer to the earnings press release, earnings call presentation, and the financial data workbook posted on the Investor Relations website. We will also post these prepared remarks on our website after this call. Good morning, everyone. I'm excited to be here with you on my first ...

Earnings Call Presentation • By phone: 877-407-6184 in the US or 201-389-0877 internationally Second Quarter 2024 Safe Harbor Statement Readers are encouraged to refer to the risk factors described in IPG's Annual Report on Form 10-K (filed with the SEC on February 21, 2024) and IPG's reports filed with the SEC, as applicable. Actual results, events and performance may differ materially. Readers are cautioned not to rely on the forward-looking statements, which speak only as of the date hereof. IPG undertak ...

IPG shares have lost about 19.3% since the beginning of the year versus the S&P 500's gain of 14.5%. What's Next for IPG? While IPG has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these ...

IPG PHOTONICS ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Management Comments 1 IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company's mission is to develop innovative laser solutions making the world a better place. IPG accomplishes this mission by delivering superior performance, reliability and usability at a lower total cost of ownership compared with other types of lasers and non-laser to ...

Automating Repetitive Steps Helping Companies Improve Productivity and Reduce Operating Costs MARLBOROUGH, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ:IPGP), the world leader in fiber laser solutions, today announced the launch of an automated cobot laser welding and cleaning system for fabrication and manufacturing industries. Turnkey Laser Automation Made EasyThe new cobot is a fully automated, laser welding and cleaning system which can be configured with any existing and fu ...

Have you assessed how the international operations of IPG Photonics (IPGP) performed in the quarter ended March 2024? For this high-powered laser maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essentia ...

IPG Photonics (IPGP) reported $252.01 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 27.4%. EPS of $0.52 for the same period compares to $1.26 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $250.33 million, representing a surprise of +0.67%. The company delivered an EPS surprise of +8.33%, with the consensus EPS estimate being $0.48.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...