IPG Photonics Q2 Adj. EPS $0.30 Beats $0.07 Estimate, Sales $250.721M Beat $228.196M Estimate
Benzinga Newsdesk 1 year ago
EarningsEarnings BeatsNews
IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.07 by 300 percent. This is a 42.31 percent decrease over earnings of $0.52 per share from the
IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.07 by 300 percent. This is a 42.31 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $250.721 million which beat the analyst consensus estimate of $228.196 million by 9.87 percent. This is a 2.69 percent decrease over sales of $257.645 million the same period last year.