IPG Photonics' Q2 revenue declines, but beats expectations

IPG Photonics

05/08/2025 13:18

Overview

IPG Photonics Q2 revenue falls 3% to $250.7 mln, but beats analysts' expectations, per LSEG data

Adjusted EPS for Q2 fell 42% yr/yr to $0.30

Revenue driven by demand recovery and strong medical applications

Outlook

IPG expects Q3 revenue of $225 mln to $255 mln

Company anticipates Q3 adjusted EPS of $0.05 to $0.35

IPG forecasts Q3 adjusted EBITDA between $22 mln and $36 mln

Company sees Q3 adjusted gross margin of 36% to 38%

Result Drivers

DEMAND RECOVERY - Modest recovery in general industrial and e-mobility markets drove revenue, per CEO Dr. Mark Gitin

STRATEGIC INITIATIVES - Higher revenue in medical and advanced applications attributed to strategic initiatives and customer wins

DIVESTITURES IMPACT - Revenue decline due to divestitures, offset by growth in micromachining and cleanLASER acquisition

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$250.70 mln
$229.60 mln (8 Analysts)
Q2 EPS
$0.16
Q2 Net Income
$6.60 mln
Q2 Gross Margin
37.3%
Q2 Operating Income
$100,000


Press Release: ID:nGNX1d0QR1

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)