IPG Photonics (IPGP) Reports Q4 Earnings: EPS 31c, Revenue $274.5M, Surpassing Estimates

IPG Photonics Corp. (IPGP) reported fourth-quarter profit of $13.3 million, or 31 cents per share, with adjusted earnings of 46 cents per share. Revenue reached $274.5 million, exceeding the average analyst estimate of $246.4 million. For the year, the company recorded net profit of $31.1 million, or 73 cents per share, and revenue of $1 billion. Management guidance for the first quarter ending March 31: revenue expected between $235 million and $265 million.