IPGP beat EPS expectations by 19.72%
Feb 11, 2025, 11:32 PM
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What does IPGP do
IPG Photonics, headquartered in Marlborough, Massachusetts, designs and manufactures fiber lasers and optical components, employing 6,180 people since its IPO in December 2006. The company markets its products globally, serving OEMs and end users.
IPG Photonics (IPGP) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, IPG Photonics's actual EPS was $0.18, beating the estimate of $0.22 per share, resulting in a 19.72% surprise.
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