IPGP IPG Photonics Corporation

IPG Photonics to Announce Second Quarter 2023 Financial Results on August 1

IPG Photonics to Announce Second Quarter 2023 Financial Results on August 1

MARLBOROUGH, Mass., July 18, 2023 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its second quarter 2023 financial results before the market opens on Tuesday, August 1, 2023. 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
18/07/2023

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IPG Photonics Announces Sale of its Russian Operations

IPG Photonics Announces Sale of its Russian Operations MARLBOROUGH, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP) today announced that it has sold its entire interest in its Russian subsidiary, IRE-Polus. The purchaser is a group led by Softline Projects LLC and current management of IRE-Polus. The sale marks the finalization of IPG’s exit from all facilities in Russia, following imposed sanctions on trade after the start of the war with Ukraine. The proceeds from the transaction are $51 million before advisory and other fees. “Our team executed flawlessly to transition our ...

August 29, 2024 1 EN
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IPG Photonics Announces Second Quarter 2024 Financial Results

IPG Photonics Announces Second Quarter 2024 Financial Results Prioritizing Investment in Innovation Pipeline While Optimizing Business for Cash Generation MARLBOROUGH, Mass., July 30, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2024.  Three Months Ended June 30,     Six Months Ended June 30,    (In millions, except per share data and percentages) 2024   2023   Change   2024   2023   Change Revenue$257.6  $340.0   (24)% $509.7  $687.1   (26)%Gross margin 37.3%  43.4%      38.0%  42.9%    Operating income$12.0  $72.1   (...

July 30, 2024 1 EN
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IPG Photonics to Announce Second Quarter 2024 Financial Results on Jul...

IPG Photonics to Announce Second Quarter 2024 Financial Results on July 30 MARLBOROUGH, Mass., July 16, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its second quarter 2024 financial results before the market opens on Tuesday, July 30, 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...

July 16, 2024 1 EN
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IPG Photonics Launches LightWELD® 2000 XR

IPG Photonics Launches LightWELD® 2000 XR Higher Power Enables Faster Speeds and Greater Productivity MARLBOROUGH, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- IPG Photonics (NASDAQ: IPGP), the world leader in fiber laser technology, today announced the launch of LightWELD 2000 XR, the fourth product offering within its handheld laser welding and cleaning product line. Fabricators will benefit from the increased processing speed and extended range of material thicknesses that LightWELD 2000 XR offers. More Power, More Productivity LightWELD 2000 XR is the new, superior version ...

May 23, 2024 1 EN
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IPG Photonics Launches Cobot Laser Welding and Cleaning System

IPG Photonics Launches Cobot Laser Welding and Cleaning System Automating Repetitive Steps Helping Companies Improve Productivity and Reduce Operating Costs MARLBOROUGH, Mass., May 08, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP), the world leader in fiber laser solutions, today announced the launch of an automated cobot laser welding and cleaning system for fabrication and manufacturing industries. Turnkey Laser Automation Made EasyThe new cobot is a fully automated, laser welding and cleaning system which can be configured with any existing and future LightWELD® welding laser sourc...

May 8, 2024 1 EN

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