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IPG Photonics Corp (IPGP.OQ)

IPGP.OQ on NASDAQ Stock Exchange Global Select Market

237.23USD
17 Nov 2017
Change (% chg)

$3.96 (+1.70%)
Prev Close
$233.27
Open
$234.85
Day's High
$238.62
Day's Low
$233.63
Volume
275,231
Avg. Vol
158,693
52-wk High
$238.62
52-wk Low
$93.49

Latest Key Developments (Source: Significant Developments)

IPG Photonics Q3 earnings per share $2.11
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - IPG Photonics Corp :IPG Photonics announces record third quarter 2017 financial results.Sees Q4 2017 earnings per share $1.55 to $1.80.Q3 earnings per share $2.11.Q3 revenue $392.6 million versus I/B/E/S view $366 million.Q3 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue up about 37 to 39 percent.Sees Q4 revenue up 18 to 27 percent.IPG Photonics Corp- for Q4 ‍expect revenue growth in range of 18% to 27% year over year or $330 million to $355 million​.Q4 earnings per share view $1.55, revenue view $325.5 million -- Thomson Reuters I/B/E/S.  Full Article

IPG Photonics reports agreement to acquire Innovative Laser Technologies
Monday, 19 Jun 2017 

June 19 (Reuters) - IPG Photonics Corp ::IPG Photonics Corp - deal for ‍$40 million​.IPG Photonics announces agreement to acquire innovative Laser Technologies.IPG Photonics Corp says acquisition is expected to be neutral to IPG's earnings per diluted share for fiscal year ended December 31, 2017.  Full Article

IPG Photonics reports Q4 earnings per share $1.39
Tuesday, 14 Feb 2017 

IPG Photonics Corp - : IPG Photonics reports 25% revenue growth for fourth quarter 2016 . Sees q1 2017 revenue $245 million to $260 million . Sees q1 2017 earnings per share $1.10 to $1.25 . Q4 earnings per share $1.39 . Sees fy 2017 revenue up 10 to 14 percent . Q4 earnings per share view $1.40 -- Thomson Reuters I/B/E/S . Qtrly revenue $280.1 million versus $223.6 million . Ipg photonics corp - annual guidance reflects foreign currency headwinds that company estimates will reduce growth by about three percentage points . Q4 revenue view $273.1 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $1.13, revenue view $242.8 million -- Thomson Reuters I/B/E/S . Fy2017 revenue view $1.12 billion -- Thomson Reuters I/B/E/S .IPG Photonics expects local currency sales to show stronger growth in 2017 as compared to 2016.  Full Article

IPG Photonics acquires Menara Networks
Monday, 9 May 2016 

IPG Photonics Corp : Cash purchase price is $46.8 million . Acquisition is expected to be accretive to ipg's earnings in 2018 . Acquisition initially will have a dilutive effect of approximately $0.01 per share each quarter .Ipg photonics acquires menara networks to capitalize on growing optical pluggable systems market.  Full Article

BRIEF-IPG Photonics Q3 earnings per share $2.11

* IPG Photonics announces record third quarter 2017 financial results