IPG Photonics (IPGP) Tops Q2 EPS by 4c, Q3 Guidance Tops Views

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IPG Photonics Reports Second Quarter 2015 Revenue Growth of 22%

July 28, 2015 8:01 AM EDT

Record Revenues of $235.1 Million Due to Strength in Materials Processing and High Power Laser Sales

Powers 25% Rise in EPS

OXFORD, Mass.--(BUSINESS WIRE)-- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2015.

   

Three Months EndedJune 30,

   

Six Months EndedJune 30,

  (In millions, except per share data) 2015   2014 % Change 2015   2014 % Change Revenue $ 235.1 $ 192.2 22 % $ 434.1 $ 362.8 20 % Gross margin 54.7 % 54.2 %... More