IPG Photonics (IPGP) Tops Q3 EPS by 29c

IPG Photonics (NASDAQ: IPGP) reported Q3 EPS of $2.11, $0.29 better than the analyst estimate of $1.82. Revenue for the quarter came in at $392.6 million versus the consensus estimate of $365.97 million.

GUIDANCE:

IPG Photonics sees Q4 2017 EPS of $1.55-$1.80, versus the consensus of $1.55. See Q4 2017 revenues up 18-27%.

IPG Properties sees FY 2017 revenues up 37-39%.

For earnings history and earnings-related data on IPG Photonics (IPGP) click here.

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