IPG Photonics: Q2 Earnings Insights

IPG Photonics IPGP reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

IPG Photonics missed estimated earnings by 3.51%, reporting an EPS of $1.1 versus an estimate of $1.14.

Revenue was up $5.37 million from the same period last year.

Last quarter the company beat on EPS by $0.33 which was followed by a 2.76% increase in the share price the next day.

Here's a look at IPG Photonics's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.98	1.19	1.27	1.40
EPS Actual	1.31	1.21	1.40	1.29
Revenue Estimate	334.79M	353.41M	368.26M	376.94M
Revenue Actual	369.98M	364.47M	379.15M	371.66M

To track all earnings releases for IPG Photonics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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