IPG Photonics Q2 2024 Adj. EPS $0.50 Misses $0.51 Estimate, Sales $257.645M Miss $258.955M Estimate
Portfolio Pulse from Benzinga Newsdesk
IPG Photonics reported Q2 2024 adjusted EPS of $0.50, missing the estimate of $0.51. Sales were $257.645 million, also missing the estimate of $258.955 million.
July 30, 2024 | 12:02 pm
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IPG Photonics reported Q2 2024 adjusted EPS of $0.50, missing the estimate of $0.51. Sales were $257.645 million, also missing the estimate of $258.955 million.
IPG Photonics' Q2 2024 earnings and sales both missed estimates, which is likely to negatively impact the stock price in the short term as investors react to the underperformance.
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IMPORTANCE 80
RELEVANCE 100