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IPGP — IPG Photonics News Story

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Brief: IPG Photonics posts Q1 revenue USD 347.2 million

May 2 (Reuters) - IPG Photonics Q1 EPS USD 1.26.
* Q1 net income USD 60.1 million
* Q1 operating income USD 75.4 million
* Q1 gross margin 42.3%
* Q1 revenue USD 347.2 million vs. estimate USD 330.6 million
* Q1 operating margin 21.7%
* Outlook Q2 revenue USD 325-355 million

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