IPG Photonics (IPGP) Tops Q1 EPS by 10c

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IPG Photonics Reports First Quarter 2015 Revenue Growth of 17%

April 28, 2015 8:01 AM EDT

High Power Fiber Laser Demand in Cutting and Welding Drives Increase in Materials Processing Sales

29% Increase in Net Income Excluding Foreign Exchange Transaction Gains

OXFORD, Mass.--(BUSINESS WIRE)-- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2015.

          Three Months Ended March 31, (In millions, except per share data) 2015     2014 % Change Revenue $ 199.0 $ 170.6 17 % Gross margin 54.2 % 52.3 %... More