IPG Photonics Shares End Week Lower With Next Week in Focus
IPG Photonics shares fell 2.4% to $114.52 on Friday, ending the week down 3.8% despite broader market gains. The company expects Q2 revenue between $260 million and $290 million, with adjusted EPS of 25 to 55 cents and EBITDA of $32 million to $48 million. Tariffs are expected to cut gross margin by about 1.5 points. IPG settled a patent dispute with Trumpf for $13.5 million.