IPGP Stock Recent News

IPG Photonics' (IPGP) Q4 results reflect lower revenues from cutting applications and unfavorable forex.

IPG Photonics (IPGP) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to loss of $1.91 per share a year ago.

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.

The Zacks Laser Systems and Components industry participants like IPG Photonics (IPGP) and Lumentum (LITE) gain from solid demand for emerging applications like autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.

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.

The semiconductor industry is poised for massive growth, but names like Nvidia (NASDAQ: NVDA ) and AMD (NASDAQ: AMD ) have already seen their share prices surge. For investors looking to capitalize on the semiconductor boom, the key is finding the hidden gems.

While artificial intelligence stocks have seen a meteoric rise in recent months, there are still some underappreciated opportunities in the broader technology sector. Specifically, robotics stocks remain overlooked by many investors, even as the need for automation and robotics solutions continues to accelerate.

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