IPG Photonics (IPGP) Misses Q3 EPS by 4c

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IPG Photonics Reports 22% Revenue Growth for Third Quarter 2015

October 27, 2015 8:01 AM EDT

High-Power Laser Sales for Materials Processing Applications Drives Record Revenues of $243.5 Million

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

 

Three Months Ended September 30,

   

Nine Months Ended September 30,

  (In millions, except per share data) 2015   2014 % Change 2015   2014 % Change Revenue $ 243.5 $ 199.7 22 % $ 677.6 $ 562.4 20 % Gross margin 54.7 % 54.6 %... More