Brief: Ipg Photonics Announces Q4 EPS $1.21

IPG Photonics

15/02/2022 13:09

Feb 15 (Reuters) - Ipg Photonics Corp  IPGP.O :
    * IPG PHOTONICS ANNOUNCES FOURTH QUARTER 2021 FINANCIAL
RESULTS
AND RECORD ANNUAL REVENUE
    * Q4 EARNINGS PER SHARE $1.21
    * Q4 REVENUE ROSE 8 PERCENT TO $364 MILLION
    * SEES Q1 REVENUE $320 MILLION TO $350 MILLION
    * AUTHORIZATION OF NEW $200 MILLION STOCK BUYBACK PROGRAM
    * IPG ANTICIPATES DELIVERING EARNINGS PER DILUTED SHARE IN
RANGE
OF $0.85 TO $1.15 IN Q1
    * EXPECTS Q1 TAX RATE TO BE APPROXIMATELY 26%
    * Q4 EARNINGS PER SHARE VIEW $1.19, REVENUE VIEW $353.4
MILLION --
REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $1.28, REVENUE VIEW $368.3
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX7jrCJ 
Further company coverage:  IPGP.O 

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