💨 Abstract

IPG Photonics Corp. reported first-quarter earnings of $3.8 million, beating Wall Street expectations with adjusted earnings of 31 cents per share. Revenue was $227.8 million, also surpassing estimates. The company anticipates its results for the current quarter to range from a loss of 5 cents to earnings of 25 cents per share, with revenue expected between $210 million and $240 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖