Brief: Ipg Photonics Announces Q3 Financial Results

IPG Photonics

01/11/2022 12:41

Nov 1 (Reuters) - Ipg Photonics Corp  IPGP.O :
    * IPG PHOTONICS ANNOUNCES THIRD QUARTER 2022 FINANCIAL
RESULTS
    * QTRLY EARNINGS PER SHARE $1.47
    * QTRLY REVENUE $349.0 MILLION VERSUS $379.2 MILLION
    * SEES Q4 REVENUE $300 MILLION -$330 MILLION
    * SEES Q4 EARNINGS PER SHARE $0.70 - $1.00
    * Q4 GUIDANCE RANGE IS REDUCED BY ABOUT $28 MILLION DUE TO
FOREIGN
CURRENCY HEADWINDS RELATED TO CURRENT STRENGTH OF U.S. DOLLAR
    * Q3 EARNINGS PER SHARE VIEW $1.15, REVENUE VIEW $372.8
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX587rF7 
Further company coverage:  IPGP.O 
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