IPG Photonics Corporation (NASDAQ:IPGP) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director of Investor Relations Mark Gitin - Chief Executive Officer Timothy Mammen - Senior Vice President and Chief Financial Officer Conference Call Participants Ruben Roy - Stifel Jim Rashidi - Needham & Company Keith Housum - Northcoast Research Partners Mark Miller - The Benchmark Company Operator Good morning, and welcome to IPG Photonics Third Quarter 202 ...

Earnings Call Presentation Third Quarter 2024 October 29, 2024 10:00 am ET • By phone: 877-407-6184 in the US or 201-389-0877 internationally • A live webcast of the call will be available and archived on the investor relations section of the Company's website at investor.ipgphotonics.com Note Regarding Forward Looking Statements and Use of Non-GAAP Financials Information and statements provided by IPG and its employees, including statements in this presentation, that relate to future plans, events or perfo ...

IPG Photonics (IPGP) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 70.59%. A quarter ago, it was expected that this high-powered laser maker would post earnings of $0.48 per share when it actually produced earnings of $0.45, delivering a surprise of -6.25%.Over the last four quarter ...

Exhibit 99.1 IPG PHOTONICS ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS Focusing on Execution and Future Growth Opportunities Delivered Results At the High End of Guidance MARLBOROUGH, Mass. – October 29, 2024 - IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the third quarter ended September 30, 2024. Three Months Ended September 30, Nine Months Ended September 30, | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------ ...

A month has gone by since the last earnings report for IPG Photonics (IPGP) . Shares have lost about 13.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is IPG due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. IPG Photonics Q2 Earnings Miss, Revenues Decline Y/Y IPG ...

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 ...

IPG Photonics Corporation (NASDAQ:IPGP) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, Investor Relations Mark Gitin - Chief Executive Officer Tim Mammen - Senior Vice President & Chief Financial Officer Conference Call Participants Jim Ricchiuti - Needham & Company Ruben Roy - Stifel Keith Housum - Northcoast Research Michael Feniger - Bank of America Mark Miller - Benchmark Operator Good morning, and welcome to IPG Photonics’ Second Quart ...

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 ...