IPG Photonics Q1 2024 GAAP EPS $0.52 Beats $0.48 Estimate, Sales $252.009M Miss $254.172M Estimate
Author: Benzinga Newsdesk | April 30, 2024 08:01am
IPG Photonics (NASDAQ:
IPGP) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.48 by 8.33 percent. The company reported quarterly sales of $252.009 million which missed the analyst consensus estimate of $254.172 million by 0.85 percent. This is a 27.41 percent decrease over sales of $347.174 million the same period last year.
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