IPG Photonics Q4 Earnings Miss Estimates, Revenues Decline Y/Y (Revised)

IPG Photonics (IPGP) has reported earnings of 18 cents per share in the fourth quarter of 2024, lagging the Zacks Consensus Estimate by 10.0%. The company had registered earnings of 89 cents per share in the year-ago quarter, a steep year-over-year decline of 79.8%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $234.3 million declined 21.6% on a year-over-year basis but beat the consensus mark by 3.3%. Foreign exchange fluctuations negatively impacted revenue growth by ap ...