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State of Laser Industry Contributes to Cautious Report, Forecast for IPG Photonics

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JAKE SALTZMAN, NEWS EDITOR
[email protected]

OXFORD, Mass., Nov. 2, 2020 — High-performance laser manufacturer IPG Photonics is maintaining a wide guidance range moving into the year’s final quarter, after reporting a total revenue beat (IPG reported $318 million in total revenue) for quarter three, with earnings per share (EPS) of 66 cents. The company announced fourth-quarter revenue projections (pre-market) in the range of $290 to $320 million and EPS estimates in the range of 70 cents to $1.05. IPG CEO Valentin Gapontsev highlighted sequential growth in North American and European bookings in IPG’s earnings statement. The company reported...Read full article

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    Published: November 2020
    Glossary
    continuous wave
    Continuous wave (CW) refers to a type of signal or transmission where the signal is constant and does not vary with time. In various contexts, the term is used to describe continuous, uninterrupted oscillations or waves. Here are a few applications of the term in different fields: Electromagnetic waves: In radio communication and radar systems, a continuous wave signal is a steady oscillation of radio frequency (RF) energy. It does not involve modulation, which means the amplitude,...
    IPGLasersuv lasersultrafast lasersBusinessfinancial analystcontinuous wavecontinuous wave lasercontinuous wave laserscontinuous wave fiber laserValentin GapontsevcoronavirusCOVID-19

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