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IPG Photonics Q3 Adj. EPS $0.35 Beats $0.14 Estimate, Sales $250.792M Beat $239.803M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsNews

IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.14 by 159.26 percent. This is a 20.69 percent increase over earnings of $0.29 per share from the

IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.14 by 159.26 percent. This is a 20.69 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $250.792 million which beat the analyst consensus estimate of $239.803 million by 4.58 percent. This is a 7.57 percent increase over sales of $233.143 million the same period last year.

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