Dougherty & Co Downgrades IPG Photonics (IPGP) to Neutral
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IPG Photonics Reports 4% Revenue Growth for First Quarter 2016
April 28, 2016 8:01 AM EDTRevenue Growth of Approximately 7% on Constant Currency Basis
OXFORD, Mass.--(BUSINESS WIRE)-- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2016.
    Three Months Ended March 31, (In millions, except per share data) 2016   2015 % Change Revenue $ 207.2 $ 199.0 4 % Gross margin 55.2 % 54.2 % Operating income... More