IPG Photonics Announces Fourth Quarter 2021 Financial Results and Record Annual Revenue
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IPG Photonics (IPGP) PT Lowered to $165 at Needham & Company
February 16, 2022 6:42 AM ESTNeedham & Company analyst James Ricchiuti lowered the price target on IPG Photonics (NASDAQ: IPGP) to $165.00 (from $205.00) while maintaining a Buy rating following results.
The analyst commented, "IPG delivered a mixed Q4 report yesterday. While revenues were above the top-end of guidance and EPS above the... More
IPG Photonics (IPGP) Tops Q4 EPS by 2c, Q1 Guidance Misses Consensus
February 15, 2022 8:05 AM ESTIPG Photonics (NASDAQ: IPGP) reported Q4 EPS of $1.21, $0.02 better than the analyst estimate of $1.19. Revenue for the quarter came in at $364.5 million versus the consensus estimate of $353.41 million.
GUIDANCE:
IPG Photonics sees Q1 2022 EPS of $0.85-$1.15, versus the consensus of... More
