IPG Photonics (IPGP) reported a Q3 loss Tuesday of $5.33 per diluted share, swinging from earnings of $1.16 a year earlier.
Analysts polled by Capital IQ expected earnings of $0.18.
Net sales for the quarter ended Sept. 30 were $233.1 million, down from $301.4 million a year earlier.
Analysts surveyed by Capital IQ expected $227.8 million.
For Q4, the company expects earnings of $0.05 to $0.35 per diluted share on revenue of $210 million to $240 million, noting the guidance 'excludes Russian operations which were sold in the third quarter.' Analysts polled by Capital IQ expect earnings of $0.19 per share on revenue of $226.0 million.
Shares of the company were up nearly 7% in recent Tuesday premarket activity.
Price: 83.03, Change: +3.76, Percent Change: +4.74
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。