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IPG Photonics (IPGP) is in the Technology Industry

Revenue
Dec 31 2007
$188.6M
Profit
Dec 31 2007
$29.8M
Market Cap
Sep 03 2008
$923.4M

Latest News and Analysis

Additional Resources

  • IPG Photonics Reports Record Revenue on 27% Sales Growth and 34% Increase in Net Income in Second Quarter of 2008

    IPG Agrees to Purchase of Minority Interests in Russian Subsidiary OXFORD, Mass. -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that revenues for the second quarter of 2008 increased by 27% to $56.0 million and net income increased by...

    Articles 2008-08-05

  • IPG Photonics Increases Credit Facility to $55 Million

    OXFORD, Mass. -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today announced that it has amended its existing unsecured revolving credit facility with Bank of America, N.A., increasing its available revolving credit to $35 million from $20 million and extending...

    Articles 2008-06-09

  • IPG Expands Product Line with Novel Patented CO2 Gas Laser

    New Highly Efficient and Compact Gas Laser Line Allows IPG to Enter Additional Markets and Applications NOVI, Mich. -- IPG Photonics (NASDAQ: IPGP), the world leader in high-power fiber lasers and amplifiers, announced today that it has developed an advanced new family of CO2 gas lasers that will...

    Articles 2008-05-15

  • IPG Photonics Reports 27% Increase in Sales in First Quarter of 2008

    Fiber Lasers for Materials Processing Applications and Strong Overseas Sales Drive Revenue Growth OXFORD, Mass. -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that revenues for the first quarter of 2008 increased by 27% to $52.9 million and net...

    Articles 2008-05-06

  • Acquisitions

    Joy Global Inc. Milwaukee, a manufacturer of high-productivity mining solutions, acquired N.E.S. Investment Co. and its subsidiary, Continental Global Group Inc., a maker of conveyor systems for bulk material handling in mining and industrial applications. Laird Technologies Inc. (St. Louis), a supplier of critical components and systems for...

    Articles 2008-05-01

  • LASER MECH

    Versatile Fiber Laser Welding Head The increasing popularity of fiber lasers has created many first-time users incorporating laser processing into their operations. Recently, a major supplier of relays and other small welded packages for automotive components faced this very dilemma of developing an all-new laserwelding process for their...

    Articles 2008-05-01

  • IPG Photonics Corporation to Announce First-Quarter 2008 Financial Results on May 6, 2008

    Company to Webcast Conference Call Live Over the Internet OXFORD, Mass. -- IPG Photonics (NASDAQ: IPGP) today announced that in conjunction with its scheduled quarterly financial results news release, the Company plans to webcast its first-quarter 2008 financial results conference call on Tuesday, May 6, 2008 at 10:00...

    Articles 2008-04-17

  • IPG Strengthens Sales Force with Three Experienced Sales Professionals

    Company Gains Depth in Merchant Diode, Government Sales and Fiber Lasers OXFORD, Mass. -- IPG Photonics Corporation, the global leader in high-performance fiber lasers for diverse applications, today announced that it has strengthened its capabilities in the areas of merchant diode sales, sales to the government, and low-...

    Articles 2008-04-09

  • IPG Photonics Reports Record Fourth-Quarter and Full-Year 2007 Sales

    High-Power Fiber Laser Sales for Materials Processing Applications Continue to Drive Revenue Growth OXFORD, Mass. -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that revenues for the fourth quarter of 2007 increased by 31% to $55.1 million, up from...

    Articles 2008-02-28

  • IPG Photonics Purchases Major Photonics Patent Portfolio

    Fiber Laser Leader Secures more than 100 Key U.S. Photonics Patents from British Telecom OXFORD, Mass. -- IPG Photonics Corporation (NASDAQ: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that it has purchased more than 100 key U.S. patents, and their more than 340...

    Articles 2008-02-26

  • IPG Photonics Corporation to Announce Fourth-Quarter 2007 Financial Results on February 28, 2008

    Company to Webcast Conference Call Live Over the Internet OXFORD, Mass. -- IPG Photonics (NASDAQ: IPGP) today announced that in conjunction with its scheduled quarterly financial results news release, the Company plans to webcast its fourth-quarter 2007 financial results conference call on Thursday, February 28, 2008 at 10:00...

    Articles 2008-02-08

  • IPG Photonics to Present at Thomas Weisel Partners Technology, Telecom & Internet Conference 2008

    OXFORD, Mass. -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Tim Mammen, chief financial officer, will be presenting in a "Fireside Chat" format at the Thomas Weisel Partners Technology, Telecom & Internet Conference on Monday, February 4, 2008 at approximately 1:20 p.m. ET. The conference is being held at...

    Articles 2008-01-31

  • IPG Photonics to Open NASDAQ Stock Market on January 28

    Opening Bell Ceremony Celebrates IPG's One-Year Anniversary as Public Company OXFORD, Mass. -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Dr. Valentin Gapontsev, chairman and chief executive officer, will open the NASDAQ stock market on Monday, January 28, 2008. Dr. Gapontsev will be joined by members of...

    Articles 2008-01-24

  • IPG Photonics Enters Merchant Diode Business with Brightest, Most Powerful Line of Laser Diodes

    IPG Offers its Compact, 20W Fiber-Coupled Laser Diodes to OEMs for Printing, Medical, Dental, Industrial and Telecom Applications OXFORD, Mass. -- IPG Photonics (NASDAQ: IPGP), the leading global manufacturer of high-power lasers and amplifiers for diverse applications in numerous markets, today announced that it is now selling the...

    Articles 2008-01-18

  • NEPCON WORLD JAPAN 2008 - Asia's Largest Show for Electronics Design, R&D and Manufacturing to be Held January 16-18

    Tokyo, Japan, Jan 10, 2008 - JCN Newswire - NEPCON WORLD JAPAN is the Asia's largest exhibition which gathers various electronics manufacturing and SMT-related products and technologies; and also semiconductor packaging technologies, components and materials; PCBs; test, inspection and measuring equipments, industrial laser and optical components; and...

    Articles 2008-01-10

  • IPG Photonics to Present at 10th Annual Needham Growth Stock Conference

    Presentation to be Webcast at 9:30 a.m. ET on January 11 OXFORD, Mass. -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Dr. Valentin Gapontsev, chairman and chief executive officer and Tim Mammen, chief financial officer, will be presenting at the 10th Annual Needham Growth...

    Articles 2008-01-03

  • IPG's Russian subsidiary to supply DWDM equipment to North-West Telecom.(RUSSIA)

    IPG Photonics stated that its Russian affiliate, NTO IRE-POLUS, is supplying its DWDM equipment to North-West Telecom of Russian telecom firm Svyazinvest. IPG has supplied equipment worth $3.8 million in the past 12 months for lending support to many network expansion projects by North-West Telecom. The...

    Articles 2008-01-01

  • page 1 of 1
  • Incorporated: 1998
  • CEO: Dr. Valentin P. Gapontsev Ph.D.

IPG Photonics is a developer and manufacturer of fiber lasers for various applications in numerous markets. Co.'s lines of low, mid and high-power lasers and amplifiers are used in materials processing, communications, medical and advanced applications. Co. sells its products globally to original equipment manufacturers, system integrators and end users. Co. markets its products internationally primarily through its direct sales force and also through agreements with independent sales representatives and distributors. As of Dec 31 2006, Co. had sales offices in the U.S., Germany, Italy, U.K., Japan, South Korea, India and Russia.

Key Competitors

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IPG Photonics Company Info

Board of Directors

Dr. Valentin P. Gapontsev Ph.D.

Chairman

Dr. Eugene A. Shcherbakov Ph.D.

Mr. Robert A. Blair

Mr. Michael C. Child

Mr. John H. Dalton

Dr. William F. Krupke Ph.D.

Mr. Igor Samartsev

Mr. Henry E. Gauthier

Mr. William S. Hurley

Contact Information

50 Old Webster Road

Oxford, MA

http://www.ipgphotonics.com

877 980-1550

NAICS Code

Semiconductor and Related Device Manufacturing: 334413
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