Benzinga | Feb 16, 2021 08:05AM EST

IPG Photonics Q4 EPS $0.92 Misses $0.98 Estimate, Sales $336.60M Beat $311.42M Estimate

IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.92 per share which missed the analyst consensus estimate of $0.98 by 6.12 percent. This is a 1.1 percent increase over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $336.60 million which beat the analyst consensus estimate of $311.42 million by 8.09 percent. This is a 9.78 percent increase over sales of $306.63 million the same period last year.