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OXFORD, Mass., Feb. 02, 2021 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its fourth quarter 2020 financial results before the market opens on Tuesday, February 16, 2021. The company will hold a conference call to review these results at 10:00 a.m. ET th...
Lumentum (LITE) reports mixed fiscal Q2 results with revenue roughly inline at $478.8M (+5% Y/Y, $2M below consensus) and EPS of $1.99, $0.08 above consensus."Combining the positive momentum from the prior quarter, with strengthened demand in Telecom and Lasers, we achieved new reco...
Growing more confident in a "sustained recovery" after two years of revenue declines, Needham upgrades IPG Photonics (IPGP) from Hold to Buy.Analyst James Ricchiuti: "Improving U.S. manufacturing data through November, continued strength in China’s industrial economy and a growing...
Earlier today, Lumentum (LITE) announced acquiring Coherent (COHR) in a cash and stock transaction valued at $5.7B. Lumentum said the merger would expand its penetration of the more than $10B market for lasers and photonics outside of communications and 3D sensing.Peers on the move ...
OXFORD, Mass., Jan. 07, 2021 (GLOBE NEWSWIRE) -- IPG Phot o n i cs Corporation (NASDAQ: IPGP) today announced that the Company has appointed Ms. Jeanmarie Desmond and Ms. Natalia Pavlova to its board of directors, effective January 7, 2021. Mr. Igor Samartsev, the Co...
OXFORD, Mass., Jan. 05, 2021 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that senior management will be presenting at the Needham & Company Virtual Growth Conference at 9:15 a.m. EST on January 12, 2021. A live webcast of the event will be avai...
The world is entering the most horrifying phase of the pandemic. But, last week marked a landmark moment in this battle as the UK became the first country to approve Pfizer’s (NYSE: PFE) and BioNTech (NASDAQ: BNTX) vaccine. Additionally, more positivity came from weekly jobless ...
Insider buying declined significantly last week with insiders purchasing $49.91 million of stock. Notable Insider Buys: MultiPlan Corporation, GreenSky, Inc., Morgan Stanley, SuRo Capital Corp., PLx Pharma Inc. Notable Insider Sells: Walmart Inc., AGCO Corporation, The Charles Sch...
IPG Photonics (IPGP) CEO Mr. Valentin P Gapontsev sells ~68,829 shares of common stock on November 12th in a total transaction size of $13.96M.The holding represents about 18% of his total owned. For further details see: IPG Photonics CEO sells 68.8K shares of common stock
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 t...
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2024-08-01 14:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-31 20:15:02 ET Seaport Global analyst issues NEUTRAL recommendation for IPGP on July 31, 2024 06:56PM ET. The previous analyst recommendation was Underperform. IPGP was trading at $80.4 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...
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