Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Fiber Lasers Drive Revenue Growth at IPG Photonics

Facebook Twitter LinkedIn Email Comments
OXFORD, Mass., May 5, 2014 — IPG Photonics Corp. saw a 15.4 percent increase in profits last quarter over the same period last year, powered by demand for high-power fiber lasers. The company reported earnings of $40.5 million compared to $35.1 million in the first quarter of 2013. “High-power fiber laser sales increased 33 percent and medium-power, QCW and laser systems sales also were up compared with the prior year,” said CEO Dr. Valentin Gapontsev. “Geographically, we saw strong growth in Europe, China and Turkey, and achieved record sales in Japan. North American sales were lower due to...Read full article

Related content from Photonics Media



    ARTICLES


    PRODUCTS


    PHOTONICS HANDBOOK ARTICLES


    WHITEPAPERS


    WEBINARS


    PHOTONICS DICTIONARY TERMS


    MEDIA


    PHOTONICS BUYERS' GUIDE CATEGORIES


    COMPANIES

    back to top
    Facebook Twitter Instagram LinkedIn YouTube RSS
    ©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

    Photonics Media, Laurin Publishing
    x We deliver – right to your inbox. Subscribe FREE to our newsletters.
    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.