IPGP IPG Photonics Corporation

IPG Photonics to Announce Fourth Quarter 2023 Financial Results on February 13

IPG Photonics to Announce Fourth Quarter 2023 Financial Results on February 13

MARLBOROUGH, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its fourth quarter 2023 financial results before the market opens on Tuesday, February 13, 2024. The Company will hold a conference call to review these results at 10:00 a.m. ET on the same day. To access the call, please dial 877-407-6184 in the United States or 201-389-0877 internationally. A live webcast of the call will also be available and archived in the investor relations section of the Company’s website at .

About IPG Photonics Corporation

IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company’s mission is to develop innovative laser solutions making the world a better place. IPG accomplishes this mission by delivering superior performance, reliability and usability at a lower total cost of ownership compared with other types of lasers and non-laser tools, allowing end users to increase productivity and decrease costs. IPG is headquartered in Marlborough, Massachusetts and has more than 30 facilities worldwide. For more information, visit .

Contact:

Eugene Fedotoff

Senior Director, Investor Relations

IPG Photonics Corporation

508-597-4713



EN
30/01/2024

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IPG Photonics Announces First Quarter 2024 Financial Results

IPG Photonics Announces First Quarter 2024 Financial Results  Delayed E-mobility Investments and Soft Industrial Demand Negatively Impacted Results Strong Operating Cash Flow Benefited from Working Capital Management MARLBOROUGH, Mass., April 30, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2024.   Three Months Ended March 31,   (In millions, except per share data and percentages)  2024   2023  ChangeRevenue $252.0  $347.2  (27)%Gross margin  38.7%  42.3%   Operating income $19.1  $75.4  (75)%Operating margin  7.6%  21....

April 30, 2024 1 EN
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IPG Photonics Announces Leadership Transition

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April 30, 2024 1 EN
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IPG Photonics to Announce First Quarter 2024 Financial Results on Apri...

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April 16, 2024 1 EN
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IPG Photonics Announces Fourth Quarter 2023 Financial Results

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February 13, 2024 1 EN
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IPG Photonics to Announce Fourth Quarter 2023 Financial Results on Feb...

IPG Photonics to Announce Fourth Quarter 2023 Financial Results on February 13 MARLBOROUGH, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its fourth quarter 2023 financial results before the market opens on Tuesday, February 13, 2024. The Company will hold a conference call to review these results at 10:00 a.m. ET on the same day. To access the call, please dial 877-407-6184 in the United States or 201-389-0877 internationally. A live webcast of the call will also be available and archived in the investor relations section of the Company’s website at . About IPG P...

January 30, 2024 1 EN

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