IPG Photonics (IPGP) Tops Q3 EPS by 31c; Offers Guidance

November 1, 2022 8:07 AM EDT
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Price: $84.37 -3.37%

Financial Fact:
NET INCOME: 69.23M

Today's EPS Names:
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IPG Photonics (NASDAQ: IPGP) reported Q3 EPS of $1.47, $0.31 better than the analyst estimate of $1.16. Revenue for the quarter came in at $349.01 million versus the consensus estimate of $367.98 million.

GUIDANCE:

IPG Photonics sees Q4 2022 EPS of $0.70-$1.00, versus the consensus of $1.14. IPG Photonics sees Q4 2022 revenue of $300-330 million, versus the consensus of $365.5 million.

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



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