The extended downturn also saw IPG swing to a pre-tax loss of $162 million for the year, compared with pre-tax earnings of ...
CEO Mark Gitin emphasized the launch of new high-power fiber lasers with reduced costs and ... CFO Tim Mammen noted IPG’s ability to mitigate tariff effects through its global manufacturing ...
Citi lowered the firm’s price target on IPG Photonics (IPGP) to $60 from $62 and keeps a Sell rating on the shares. The firm cut 2025 earnings ...
MARLBOROUGH, Mass., Jan. 29, 2025 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the global leader in fiber laser technology, will showcase new and innovative fiber laser solutions ...
IPG Photonics Corporation, a leader in fiber laser technology, will showcase its latest innovations at Photonics West from January 28-30, 2025, in San Francisco. Their 1,200 square foot booth will ...
Citi analysts reiterated a Sell rating and a $62.00 price target for IPG Photonics (NASDAQ:IPGP) stock, with the stock currently trading near its 52-week low of $61.86. The reiteration comes after the ...
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IPG Photonics’s (NASDAQ:IPGP) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses ExpectationsFiber laser manufacturer IPG Photonics (NASDAQ:IPGP) reported in Q4 CY2024, but sales fell by 21.6% year on year to $234.3 million. On the other hand, next quarter’s revenue guidance of $225 million ...
The fourth quarter of 2024 was marked by continued challenges for IPG Photonics, as the company navigated a tough ...
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