Shares of IPG Photonics IPGP were unchanged after the company reported Q4 results.
Quarterly Results
Earnings per share rose 1.10% year over year to $0.92, which missed the estimate of $0.98.
Revenue of $336,630,000 higher by 9.78% from the same period last year, which beat the estimate of $311,420,000.
Looking Ahead
Q1 EPS expected between $0.90 and $1.20.
Q1 revenue expected between $310,000,000 and $340,000,000.
How To Listen To The Conference Call
Date: Feb 16, 2021
Time: 10:00 AM
Recent Stock Performance
52-week high: $262.55
Company's 52-week low was at $98.04
Price action over last quarter: Up 32.65%
Company Profile
IPG Photonics is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. Roughly a third of the firm's revenue is generated in China, with the rest coming from North America, Europe, Japan, Australia, and other countries across the world.
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