IPG Photonics (IPGP) Tops Q2 EPS by 7c ; Offers Guidance

Get Alerts IPGP Hot Sheet
Price: $100.00 +2.00%
Revenue Growth %: -14.4%
Financial Fact:
GROSS PROFIT: 144.79M
Today's EPS Names:
DLA, UONE, DLNG, More
Revenue Growth %: -14.4%
Financial Fact:
GROSS PROFIT: 144.79M
Today's EPS Names:
DLA, UONE, DLNG, More
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IPG Photonics (NASDAQ: IPGP) reported Q2 EPS of $1.31, $0.07 better than the analyst estimate of $1.24. Revenue for the quarter came in at $340 million versus the consensus estimate of $346.78 million.
GUIDANCE:
IPG Photonics sees Q3 2023 revenue of $300-330 million, versus the consensus of $358.9 million.
For earnings history and earnings-related data on IPG Photonics (IPGP) click here.
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