Corrected: BUZZ-IPG Photonics drops after Q2 profit, revenue misses estimates

IPG Photonics

30/07/2024 15:34

(Corrects to add period for stock move in final bullet)
    ** Shares of electronic equipment maker IPG Photonics
 IPGP.O  down 4.5% at $83.63
    ** Co reports Q2 earnings per share of 45 cents vs analysts
estimates of 51 cents - LSEG
    ** Reports Q2 revenue of $257.6 mln vs estimates of $259 mln
- LSEG
    ** Including session's move, stock is down 21% YTD

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))