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AI brief of an SEC Form 8-K · IPG Photonics (IPGP)

IPG Photonics Q4 revenue falls 22% to $234 million; EPS $0.18 vs $0.89

Negative Impact 3 of 5 earnings Written later

IPG Photonics reported fourth-quarter 2024 revenue of $234.3 million, down 22% from a year earlier, and diluted EPS of $0.18 versus $0.89. The company guided to first-quarter 2025 revenue of $210 million to $240 million and said its chief accounting officer, Thomas J. Burgomaster, will retire March 1, 2025, succeeded by Mary E. Buttarazzi.

Key points

  • Q4 2024 revenue $234.3 million, down 22% year over year; net income attributable to the company $7.8 million versus $41.4 million
  • Full-year 2024 operating loss of $208.3 million and net loss of $181.5 million, including a $190.2 million net loss from divestiture and sale of assets
  • Q1 2025 guidance: revenue $210 million to $240 million; adjusted EPS $0.05 to $0.35; adjusted EBITDA $19 million to $35 million
  • Mary E. Buttarazzi named Vice President, Corporate Controller and Chief Accounting Officer effective March 1, 2025

The filing

CompanyIPG Photonics (IPGP)
Form8-K, current report
Filed with the SECFeb 11, 2025, 8:01 AM ET
Accession number0001111928-25-000003

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.