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IPG Photonics Corp (IPGP.O)

IPGP.O on Nasdaq

205.71USD
23 Oct 2017
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Latest Key Developments (Source: Significant Developments)

IPG Photonics reports Q2 earnings per share $1.91
Tuesday, 1 Aug 2017 08:00am EDT 

Aug 1 (Reuters) - IPG Photonics Corp :IPG Photonics announces second quarter 2017 financial results.Q2 earnings per share $1.91.Sees q3 2017 revenue $350 million to $375 million.Q2 revenue $369.4 million versus I/B/E/S view $332.6 million.Q2 earnings per share view $1.64 -- Thomson Reuters I/B/E/S.Sees q3 2017 earnings per share $1.70 to $1.90.Sees fy 2017 revenue up about 32 to 34 percent.IPG Photonics Corp says expects revenue in range of $350 million to $375 million for Q3 of 2017.Q3 earnings per share view $1.54, revenue view $317.8 million -- Thomson Reuters I/B/E/S.Fy2017 revenue view $1.23 billion -- Thomson Reuters I/B/E/S.  Full Article

Generation Growth Capital announces sale of Innovative Laser Technologies
Tuesday, 11 Jul 2017 10:42am EDT 

July 11 (Reuters) - Generation Growth Capital Fund II, LP: :Press release - Generation Growth Capital, Inc. Announces the sale of Innovative Laser Technologies, Inc..Says sale of Innovative Laser Technologies Inc to IPG Photonics Corp for $40 million cash.  Full Article

IPG Photonics says aquired OptiGrate Corporation
Tuesday, 23 May 2017 08:00am EDT 

May 23 (Reuters) - IPG Photonics Corp :IPG Photonics announces acquisition of OptiGrate corporation.IPG Photonics Corp says terms of acquisition were not disclosed.  Full Article

IPG Photonics Q1 earnings per share $1.38
Tuesday, 2 May 2017 08:00am EDT 

May 2 (Reuters) - IPG Photonics Corp ::IPG Photonics announces first quarter 2017 financial results.Sees q2 2017 revenue $320 million to $340 million.Sees q2 2017 earnings per share $1.50 to $1.70.Q1 earnings per share $1.38.Q1 sales $285.8 million versus I/B/E/S view $254 million.Q1 earnings per share view $1.20 -- Thomson Reuters I/B/E/S.Says annual guidance of 10 pct to 14 pct revenue growth in 2017.  Full Article

Axcen Photonics to pay cash dividend of T$1 per share for 2016
Tuesday, 14 Mar 2017 08:36am EDT 

Axcen Photonics Corp <6530.TWO>:Says it will pay cash dividend of T$1 per share for 2016.  Full Article

IPG Photonics acquires Menara Networks
Monday, 9 May 2016 09:00am EDT 

IPG Photonics Corp : Cash purchase price is $46.8 million . Acquisition is expected to be accretive to ipg's earnings in 2018 . Acquisition initially will have a dilutive effect of approximately $0.01 per share each quarter .Ipg photonics acquires menara networks to capitalize on growing optical pluggable systems market.  Full Article

BRIEF-Generation Growth Capital announces sale of Innovative Laser Technologies

* Press release - Generation Growth Capital, Inc. Announces the sale of Innovative Laser Technologies, Inc.