IPG Photonics sees Q1 adjusted EPS 5c-35c, consensus 29c

For the first quarter of 2025, IPG expects revenue of $210 million to $240 million, gross margin between 36% and 39%, and operating expenses of $82 million to $84 million. The Company expects the first quarter tax rate to be approximately 28%, excluding discrete items. IPG anticipates delivering adjusted earnings per diluted share in the range of $0.05 to $0.35 and adjusted EBITDA in the range of $19 million to $35 million. Revenue consensus $234.91M.