10 Followers USX:IPGP - IPG Photonics Corp IPG Photonics Corporation
Sector: Information Technology, Industry: Semiconductor Equipment
Next Earnings: 30 Apr 2024
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USD 84.4    -1.35 (-1.57%)

15 Apr 2024


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General

CEO: Dr. Eugene A. Scherbakov Ph.D.

IPO: 2006-12-13

Headquarters: US

Employees: 6,230

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Description

IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. The company generates a majority of its revenue from China and also has its presence in North America, Japan, Germany, and other markets.

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