Investors in IPG Photonics (NASDAQ: IPGP) are becoming accustomed to disappointment. The technology company has suffered from the ongoing trade war with China and the economic weakness in some of its core markets, which have conspired to drag on its results. After reaching all-time highs in early 2018, the stock has lost nearly half its value.
Overtures between the Trump administration and China in recent weeks have given investors hope that tensions may be thawing between the countries -- which could provide much-needed relief for IPG Photonics. The company is scheduled to report the financial results of its third quarter after the market close on Tuesday, Oct. 29. Let's recap its second-quarter results and the accompanying commentary to see if there are signs that the worst is over or if there are more challenges yet to come.
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