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Lumentum, IPG Photonics and MicroVision have been highlighted in this Industry Outlook article.
The Zacks Laser Systems and Components industry participants, such as LITE, IPGP and MVIS, gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare.
MARLBOROUGH, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- IPG Phot o n i cs Corporation (Nasdaq: IPGP) will release its third quarter 2024 financial results before the market opens on Tuesday, October 29, 2024. The Company will hold a conference call to review these results at 10:00 a.m. ET on the same day. To access the call, please dial 877-407-6184 in the United States or 201-389-0877 internationally. A live webcast of the call will also be available and archived in the investor relations section of the Company's website at investor.ip g ph o tonics.com .
MARLBOROUGH, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has sold its entire interest in its Russian subsidiary, IRE-Polus. The purchaser is a group led by Softline Projects LLC and current management of IRE-Polus. The sale marks the finalization of IPG's exit from all facilities in Russia, following imposed sanctions on trade after the start of the war with Ukraine. The proceeds from the transaction are $51 million before advisory and other fees.
IPG (IPGP) reported earnings 30 days ago. What's next for the stock?
Examine the evolution of IPG's (IPGP) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
While the top- and bottom-line numbers for IPG (IPGP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
IPG Photonics (IPGP) second quarter results reflect lower revenues from the Materials processing segment.
IPG Photonics (IPGP) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $1.31 per share a year ago.
Prioritizing Investment in Innovation Pipeline While Optimizing Business for Cash Generation Prioritizing Investment in Innovation Pipeline While Optimizing Business for Cash Generation