IPG Photonics Announces First Quarter 2025 Financial Results
Growth from Strategic Initiatives Drove Revenue Above the Midpoint of Guidance Book-to-Bill was Above One and Highest in Over Two Years MARLBOROUGH, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2025. Three Months Ended March 31, (In millions, except per share data and percentages) 2025 2024 Change Revenue$227.8 $252.0 (10)%Gross margin 39.4% 38.7% Operating income$1.8 $19.1 (91)%Operating m