The maker of fiber lasers and related systems took some damage from the COVID-19 crisis, but the company still burned Wall Street's targets to a crisp.
IPG Photonics' (IPGP) first-quarter results are likely to reflect coronavirus crisis-induced sluggish demand for industrial automation equipment.
IPG (IPGP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Weaker companies may wind up distressed, but higher-quality ones may get too pricey. Go for middle-ground quality, Goldman Sachs analysts suggest.
IPG Photonics (NASDAQ: IPGP) stock blew away analyst estimates in its Q1 2020 earnings report this morning -- and its stock is up 17.5% as of 12:20 p.m. EDT. The Oxford, Massechusetts-based fiber laser maker reported earnings of $0.68 per diluted share for its fiscal first quarter on sales of $249.2 million -- both numbers well ahead of Wall Street's consensus, which had predicted IPG would earn only $0.19 per share on sales of $237.7 million. What's more, $0.28 of the company's $0.68 in net profit was due, by the company's own admission, to "foreign exchange gains" as strong foreign currencies translated into more, weaker U.S. dollars.
IPG Photonics (NASDAQ:IPGP) shareholders are no doubt pleased to see that the share price has had a great month...
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
IPG Photonics Corporation (IPGP) will release its first quarter 2020 financial results before the market opens on Tuesday, May 5, 2020. IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications.
Q1 2020 IPG Photonics Corp Earnings Call
IPG Photonics Corporation (NASDAQ:IPGP), which is in the electronic business, and is based in United States, received...
At this time, I'd like to turn the call over to James Hillier, IPG's Vice President of Investor Relations, for introductions. With us today is IPG Photonics's Chairman and CEO, Dr. Valentin Gapontsev; Chief Operating Officer, Dr. Eugene Scherbakov; and Senior Vice President and CFO, Tim Mammen.
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IPG (IPGP) delivered earnings and revenue surprises of 150.00% and 6.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
IPG (IPGP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
Earnings Per Diluted Share of $0.68 Increased by $0.28 Due to Foreign Exchange Gains Company Increases Share Repurchase Program by $200 Million OXFORD, Mass., May 05, 2020 --.
Today we are going to look at IPG Photonics Corporation (NASDAQ:IPGP) to see whether it might be an attractive...
Investors are celebrating because the results from the industrial laser maker were far better than expected.
IPG Photonics' (IPGP) first-quarter results hurt by macroeconomic headwinds amid coronavirus crisis-induced sluggish demand for high-power CW lasers.
Many tech stocks have held up relatively well during the coronavirus crisis. Mark Grant of B. Riley FBR says long-term investors can make money ‘with a little patience.’