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 ...

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 undertakes no obligation to update the forward-looking statements that may be made to reflect events or circumstances afte ...

IPG Photonics Corporation (NASDAQ:IPGP) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, IR Eugene Scherbakov - CEO & Director Timothy Mammen - SVP & CFO Conference Call Participants James Ricchiuti - Needham & Company Ruben Roy - Stifel Mark Miller - The Benchmark Company Keith Housum - Northcoast Research Operator Good morning, and welcome to IPG Photonics’ First Quarter 2024 Conference Call. Today's call is being recorded and webcast. At ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Table of Contents (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-33155 IPG PHOTONICS CORPORATION (Exact name of registrant as specified in its charter) (State or other juris ...

IPG Photonics (IPGP) reported first-quarter 2024 earnings of 52 cents per share, beating the Zacks Consensus Estimate by 8.33%. The company reported earnings of $1.26 per share in the year-ago quarter.Revenues of $252 million decreased 27.4% on a year-over-year basis but beat the consensus mark by 0.67%. Unfavorable forex hurt revenue growth by 2%.Emerging growth product sales accounted for 45% of revenues and suffered from lower demand in emobility and solar cell manufacturing applications. Lower sales in ...

Exhibit 99.1 IPG PHOTONICS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS Delayed E-mobility Investments and Soft Industrial Demand Negatively Impacted Results Strong Operating Cash Flow Benefited from Working Capital Management MARLBOROUGH, Mass. – April 30, 2024 - IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2024. | | | | Three Months Ended March 31, | | | | --- | --- | --- | --- | --- | --- | | (In millions, except per share data and perc ...