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IPG Photonics (IPGP) Misses Q2 EPS by 1c; Guides

August 4, 2009 9:48 AM EDT
IPGP Hot Sheet
Revenue Growth %: +23.0%

Financial Fact:
INCOME BEFORE PROVISION FOR INCOME TAXES: 43.95M

Today's EPS Names:
TARO, BRLI, TLB, More
IPG Photonics Corporation (Nasdaq: IPGP) reports Q2 loss of $0.03, 1 cents worse than the analyst estimate of $0.02 loss. Revenue for the quarter was $40.4 million, versus the consensus of $40.1 million.

IPG Photonics sees Q3 loss of $0.02 to EPS of $0.03, versus the consensus of a $0.03 profit. Sees Q3 revs of $39-$44 million, versus the consensus of $42 million.

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