MARKET COMPOSITE
IPGP - IPG Photonics Corp8:00:00 PM 4/17/2024
Price
$84.37
-0.47 (-0.55%)
IPG Photonics is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy. IPG was founded in 1990 by Valentin P. Gapontsev, IPG's Chairman and Chief Executive Officer, and Igor Samartsev, IPG's Chief Technology Officer.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue298.9MM-1%
Gross Profit114.2MM-14%
Cost Of Revenue184.7MM+10%
Operating Income28.8MM-48%
Operating Expenses85.4MM+11%
Net Income41.4MM-25%
R&D27.7MM+12%
G&A35MM+13%
Marketing22.2MM-0%
Amortization1.8MM-9%
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