IPG Photonics Reports 25% Revenue Growth for Fourth Quarter 2016
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IPG Photonics (IPGP) PT Raised to $130 at Needham & Company on Strong Q1 Guidance
February 15, 2017 6:43 AM ESTNeedham & Company analyst James Ricchiuti reiterates Buy rating and raises price target on IPG Photonics Corp (NASDAQ: IPGP) to $130 (from $120), citing the companys strong first quarter guidance, as management targets 10-14% growth in 2017.
Ricchiuti comments, "IPGP delivered a stellar Q4 report, in... More
IPG Photonics (IPGP) Tops Q4 EPS by 5c, Offers Q1 Guidance
February 14, 2017 8:02 AM ESTIPG Photonics (NASDAQ: IPGP) reported Q4 EPS of $1.39, $0.05 better than the analyst estimate of $1.34. Revenue for the quarter came in at $280.1 million versus the consensus estimate of $273.05 million.
GUIDANCE:
IPG Photonics sees Q1 2017 EPS of $1.10-$1.25, versus the consensus of... More
