IPG Photonics (IPGP) Tops Q4 EPS by 5c

IPG Photonics Reports 8% Revenue Growth for Fourth Quarter 2015 Driven by Double-Digit Gains in Asian Sales

February 12, 2016 8:00 AM EST

Achieves Record Year for Sales; Up 17% to $901.3 Million

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

                 

Three Months Ended December 31,

Twelve Months Ended December 31,

  (In millions, except per share data) 2015     2014 % Change 2015     2014 % Change Revenue $ 223.6 $ 207.4 8 % $ 901.3 $ 769.8 17 % Gross margin 54.6 % 54.9 % 54.6 % 54.1 %... More