IPG Photonics (IPGP) Tops Q3 EPS by 5c

IPG Photonics (NASDAQ: IPGP) reported Q3 EPS of $1.29, $0.05 better than the analyst estimate of $1.24. Revenue for the quarter came in at $266 million versus the consensus estimate of $255.27 million.

GUIDANCE:

IPG Photonics sees Q4 2016 EPS of $1.17-$1.32, versus the consensus of $1.21. IPG Photonics sees Q4 2016 revenue of $255-270 million, versus the consensus of $251.8 million.

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

You May Also Be Interested In

• Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
• Jefferies Assumes Allied Blenders (ABDL:IN) at Buy
• SYNNEX Corp. (SNX) Tops Q2 EPS by 74c, Beats on Revenue; Offers Q3 Guidance