IPG Photonics Full Year 2024 Earnings: In Line With Expectations

IPG Photonics (NASDAQ:IPGP) Full Year 2024 Results

Key Financial Results

• Revenue: US$977.1m (down 24% from FY 2023).
• Net loss: US$181.5m (down by 183% from US$218.9m profit in FY 2023).
• US$4.09 loss per share (down from US$4.64 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

IPG Photonics Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are down 10% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of IPG Photonics' balance sheet and an in-depth analysis of the company's financial position.

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