IPGP News and Press, IPG Photonics Corporation From 08/02/22

The following slide deck was published by IPG Photonics Corporation in conjunction with their 2022 Q2 earnings call. For further details see: IPG Photonics Corporation 2022 Q2 - Results - Earnings Call Presentation

IPG Photonics ( NASDAQ: IPGP ) board authorized a new program to purchase up to $300M if its stock. In 1H22, the company repurchased $312M of its stock. For further details see: IPG Photonics launches $300M in stock repurchase program

IPG Photonics press release ( NASDAQ: IPGP ): Q2 GAAP EPS of $1.10 misses by $0.04 . Revenue of $377M (+1.4% Y/Y) beats by $3.74M . For 3Q22, the company expects revenue of $350M to $380M vs. consensus of $378.77M; tax rate to be approximately 25%; Diluted EPS ...

Strong Performance in Electric Vehicle and Medical Applications Drives Sales Company Announces New $300 million Stock Repurchase Program After Completing $312 million of Repurchases in the First Half of 2022 OXFORD, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Co...

IPG Photonics ( NASDAQ: IPGP ) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, before market open. EPS Estimate is $1.14 (-11.6% Y/Y) and the consensus Revenue Estimate is $373.26M (+0.4% Y/Y). has beaten EPS estimates 75% of the time and has beaten re...

OXFORD, Mass., July 19, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its second quarter 2022 financial results before the market opens on Tuesday, August 2, 2022. The company will hold a conference call to review these results at 10:00 a.m. ET on the sa...

Fundsmith’s 13F portfolio value decreased from $40.98B to $29.12B this quarter. They added Adobe and Mettler-Toledo while almost selling out Johnson & Johnson. The top three positions are Microsoft, IDEXX Labs, and Estee Lauder, and they add up to ~23% of the portfolio....

Corporate outlooks are set to shift dramatically next earnings season and some stocks will be vulnerable to reversal, Wells Fargo says. Senior Equity Strategist Chris Harvey picked a "group of stocks (that) will underperform the market until we hear the Fed reference a slowing economy." ...

Keurig Dr Pepper, VICI Properties and ON Semiconductor Set to Join S&P 500; Others to Join S&P MidCap 400, and S&P SmallCap 600 Keurig Dr Pepper, VICI Properties and ON Semiconductor Set to Join S&P 500; Others to Join S&P MidCap 400, and S&P SmallCap 600...

Big changes are afoot in the S&P 500, as Dow Jones Indices shuffles three companies in and out of the index. ON Semiconductor (NASDAQ:ON) is up 6.5% after hours; VICI Properties (NYSE:VICI) is up 6.2%; and Keurig Dr Pepper (NASDAQ:KDP) is up 5.4% postmarket as all three companies make the...