IPG Photonics Corporation (NASDAQ:IPGP) headquartered in Oxford, will host a conference call for the investment community to discuss the 3Q20 earnings result on 30th October 2020 at 10:00 AM Eastern Time.
Those interested in listening to the conference call live via the Internet can visit www.ipgphotonics.com
Earnings Expectation
IPG Photonics Corporation manufacturer of high-performance fiber lasers, is expected to report third quarter earnings results, before market open, on Friday 30th October 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.89 per share from revenue of $ 304.00 million. Looking ahead, the full year income are expected at $ 3.25 per share on the revenues of $ 1160.46 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.70 ~ $ 1.00 per share, while revenues are expected in a range of $ 280.00 million ~ $ 310.00 million
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IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The companys laser products include low, medium, and high power lasers; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing (DWDM) networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products.