IPG Photonics' outlook weak

Investor's Business Daily

The maker of fiber lasers said Q4 EPS rose 5% to 67 cents, breaking 9 straight quarters of double-digit growth and missing views by 5 cents. Revenue rose 17% to $145 mil, just under estimates for $146 mil. IPG Photonics (IPGP) sees Q1 EPS of 65-75 cents, the midpoint below analyst estimates for 72 cents. Shares fell 9.7% to 62.76.

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