- IPGP recorded its ninth straight quarterly revenue decline, but the latest one was smaller and better than expected.
- The company could grow once again as soon as Q4 with China serving as the catalyst with double-digit growth.
- There seems to be a connection between the U.S.-China trade war, its effect on economic growth and demand for IPGP's products.
- It's fair to assume IPGP is on the road to recovery, and the stock trades as if it's a done deal, but that assumption may turn out to be premature.
For further details see:
Why IPG Photonics May Or May Not Be On The Path To Recovery