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IPG Photonics Corp Issues Q2 2013 Guidance In Line With Analysts' Estimates

Wednesday, 1 May 2013 08:00am EDT 

IPG Photonics Corp announced that for second quarter of 2013, it expects revenue in the range of $155 million to $165 million. The Company expects earnings per diluted share (EPS) in the range of $0.72 to $0.82 based on 52,350,000 diluted common shares, which includes 51,407,000 basic common shares outstanding and 943,000 potentially dilutive options at March 31, 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $163 million and EPS of $0.78 for second quarter of 2013. 

Company Quote

0.16 +0.21%
12:11pm EST