Interpublic Group of CompaniesNYSE: IPG

MARLBOROUGH, Mass., Nov. 20, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), a global leader in fiber laser technology, proudly announces the release of a new laser designed specifically for additive manufacturing applications. The new laser series incorporates IPG's novel dual-beam lasers which offer independent control of the simultaneously emitted core and ring beams enabling unparalleled precision, efficiency, and reliability. IPG's capabilities in high-power lasers power these new 1 kW core, 3 kW ring (YLR-1000/3000-AMB) and 2 kW core, 2 kW ring (YLR-2000/2000-AMB) dual-beam rack lasers.

IPGP is experiencing difficulties as its Q3 results show a drop in revenue from materials processing and a reduced demand in the industrial and e-mobility sectors.

Concentrating on execution and future growth prospects has led to results that exceeded expectations. On October 29, 2024, in Marlborough, Massachusetts, IPG Photonics Corporation (NASDAQ: IPGP) announced its financial performance for the third quarter, which ended on September 30, 2024.

On October 28, 2024, in New York, NY, Interpublic Group (NYSE: IPG) announced that its Board of Directors has approved a quarterly dividend of $0.33 per share for IPG common stock. This dividend will be paid on December 16, 2024, to those who own shares as of the end of business on December 2, 2024.

In the third quarter, IPGP is experiencing low demand in the e-mobility and cutting markets.

In the third quarter of 2024, IPG's total revenues have decreased compared to the same period last year. However, their earnings have stayed the same as they were a year ago.

Interpublic Group (IPG) reported quarterly earnings of $0.70 per share, matching the Zacks Consensus Estimate. This is the same as the earnings of $0.70 per share from the previous year.

Instead of just focusing on Wall Street's predictions for Interpublic (IPG), it's important to examine some of its key metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.

MARLBOROUGH, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) plans to announce its financial results for the third quarter of 2024 before the market opens on Tuesday, October 29, 2024. A conference call to discuss these results will take place at 10:00 a.m. ET on the same day. To join the call, you can call 877-407-6184 in the U.S. or 201-389-0877 from other countries, and a live webcast will also be available on the company's investor relations website.