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 PRESS RELEASE

IPG Photonics to Announce First Quarter 2025 Financial Results on May ...

IPG Photonics to Announce First Quarter 2025 Financial Results on May 6 MARLBOROUGH, Mass., April 15, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its first quarter 2025 financial results before the market opens on Tuesday, May 6, 2025. 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 Co...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

SPKX, EGO, ASTL, IEX, MOD, CARR, KMT, TTC, DOOO, BWA, WNC, THRM, FOXF, GNTX, AOS, RRX, ADI, TXN, AMD, PI, SYNA, SWKS, IPGP, POWI, MCHP, DIOD, ON, FORM, AMKR, COHU, ITRI, LDOS, TXT, OLED, VECO, HOG, DHI, LEN, SPB, PII, CNR, hort Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical pattern...

 PRESS RELEASE

IPG Photonics Announces Fourth Quarter 2024 Financial Results

IPG Photonics Announces Fourth Quarter 2024 Financial Results Delivered Revenue At the High End of the Guidance Improved Gross Margin and Generated Strong Cash Flow From Operations MARLBOROUGH, Mass., Feb. 11, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: IPGP) today reported financial results for the fourth quarter ended December 31, 2024.   Three Months EndedDecember 31,    Twelve Months EndedDecember 31,   (In millions, except per share data and percentages)  2024   2023  Change  2024   2023  ChangeRevenue $234.3  $298.9  (22)% $977.1  $1,287.4  (24)%Gross margin  38.6%  38.2%     34.6%  42.1% ...

 PRESS RELEASE

IPG Photonics to Showcase Innovative Fiber Laser Solutions for Micro-M...

IPG Photonics to Showcase Innovative Fiber Laser Solutions for Micro-Machining, Cleaning, Scientific, and Advanced Applications at Photonics West 2025 MARLBOROUGH, Mass., Jan. 29, 2025 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the global leader in fiber laser technology, will showcase new and innovative fiber laser solutions at Photonics West, January 28-30, 2025 in San Francisco. The 1,200 square foot booth will display a wide range of laser sources and laser technologies designed to optimize performance in applications including cleaning, cutting, marking, micro-mach...

 PRESS RELEASE

IPG Photonics to Announce Fourth Quarter 2024 Financial Results on Feb...

IPG Photonics to Announce Fourth Quarter 2024 Financial Results on February 11 MARLBOROUGH, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its fourth quarter 2024 financial results before the market opens on Tuesday, February 11, 2025. 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 ...

 PRESS RELEASE

IPG Photonics Completes Acquisition of CleanLASER

IPG Photonics Completes Acquisition of CleanLASER Acquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG’s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies. “The acquisition of cleanLaser aligns with IPG's...

 PRESS RELEASE

IPG Photonics Launches Advanced Dual-Beam Fiber Lasers for Additive Ma...

IPG Photonics Launches Advanced Dual-Beam Fiber Lasers for Additive Manufacturing MARLBOROUGH, Mass., Nov. 20, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: IPGP), a global leader in fiber laser technology, proudly announces the release of a new laser designed specifically for additive manufacturing applications. The new laser series incorporates IPG’s novel dual-beam lasers which offer independent control of the simultaneously emitted core and ring beams enabling unparalleled precision, efficiency, and reliability. IPG’s capabilities in high-power lasers power these new 1 kW core, 3 kW ring (YLR-10...

 PRESS RELEASE

IPG Photonics Announces Third Quarter 2024 Financial Results

IPG Photonics Announces Third Quarter 2024 Financial Results  Focusing on Execution and Future Growth Opportunities Delivered Results At the High End of Guidance MARLBOROUGH, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: IPGP) today reported financial results for the third quarter ended September 30, 2024.      Three Months Ended September 30,    Nine Months Ended September 30,   (In millions, except per share data and percentages)  2024   2023  Change   2024   2023  Change Revenue $233.1  $301.4  (23)% $742.8  $988.5  (25)%Gross margin  23.2%  44.1%     33.4%  43.2%   Operating (...

 PRESS RELEASE

IPG Photonics Announces Agreement to Acquire CleanLASER

IPG Photonics Announces Agreement to Acquire CleanLASER Tuck-in acquisition expands IPG’s opportunity in laser cleaning applications MARLBOROUGH, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: IPGP) today announced that it has signed a definitive agreement to acquire Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The transaction strengthens IPG’s global position in high-precision laser systems for cleaning applications, an attractive growth market. Subject to satisfaction of customary closing conditions, including regulatory approval, the transaction is ex...

 PRESS RELEASE

IPG Photonics to Announce Third Quarter 2024 Financial Results on Octo...

IPG Photonics to Announce Third Quarter 2024 Financial Results on October 29 MARLBOROUGH, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) will release its third quarter 2024 financial results before the market opens on Tuesday, October 29, 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 Photo...

 PRESS RELEASE

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 ...

 PRESS RELEASE

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   (...

 PRESS RELEASE

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...

 PRESS RELEASE

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 ...

 PRESS RELEASE

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...

 PRESS RELEASE

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....

 PRESS RELEASE

IPG Photonics Announces Leadership Transition

IPG Photonics Announces Leadership Transition Mark Gitin Appointed Next Chief Executive Officer and to Board of Directors Co-Founder Dr. Eugene Scherbakov to Remain a Member of the Board MARLBOROUGH, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) (“IPG” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Mark Gitin, 57, as the next Chief Executive Officer of the Company and as a member of the Board, effective June 5, 2024. Dr. Gitin’s appointment follows a robust succession planning process, which was conducted w...

 PRESS RELEASE

IPG Photonics to Announce First Quarter 2024 Financial Results on Apri...

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

 PRESS RELEASE

IPG Photonics Announces Fourth Quarter 2023 Financial Results

IPG Photonics Announces Fourth Quarter 2023 Financial Results  Continued Growth in Welding and Medical Applications Working Capital Discipline Resulted in Strong Cash Flow From Operations MARLBOROUGH, Mass. , Feb. 13, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: IPGP) today reported financial results for the fourth quarter ended December 31, 2023.  Three Months EndedDecember 31,     Twelve Months EndedDecember 31,  (In millions, except per share data and percentages) 2023   2022   Change   2023   2022  ChangeRevenue$298.9  $333.5   (10)% $1,287.4  $1,429.5   (10)%Gross margin 38.2%  18.2%   ...

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