IPGP Stock Recent News

IPGP has seen its stock bounce in recent days, and while this could continue with the stock price below $100, a sustained rally will be difficult to accomplish. The latest report came in mixed with guidance weaker than expected, but the outlook managed to offset it with the promise of improvement. The top and the bottom line at IPGP have been under pressure for years and this could continue with all the root causes still present.

IPG Photonics Corporation (NASDAQ:IPGP ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, IR Eugene Scherbakov - CEO & Director Timothy Mammen - SVP & CFO Conference Call Participants Ruben Roy - Stifel, Nicolaus & Company James Ricchiuti - Needham & Company Michael Feniger – Bank of America Merrill Lynch Mark Miller - The Benchmark Company Operator Good morning, and welcome to IPG Photonics Third Quarter 2023 Conference Call. Today's call is being recorded and webcast.

IPG Photonics' (IPGP) Q3 results reflect lower revenues from cutting and marking applications and unfavorable forex.

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IPG (IPGP) reported earnings 30 days ago. What's next for the stock?

IPG Photonics' (IPGP) Q2 results reflect lower revenues from cutting and marking applications and unfavorable forex.

IPG Photonics (IPGP) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.38 per share a year ago.

MARLBOROUGH, Mass., July 18, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) will release its second quarter 2023 financial results before the market opens on Tuesday, August 1, 2023. 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.ipgphotonics.com.

IPG (IPGP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).