je.st
news
With laser sales increasing, IPG Photonics stock soars
2015-07-28 23:05:38| Electronics - Topix.net
Shares of Oxford-based IPG Photonics, a developer of optical fiber-based lasers, jumped 11 percent Tuesday to $91.05 apiece after the company reported a jump in sales in its most recent quarter. With demand for its laser technology increasing, IPG reported that sales for its second quarter increased 22 percent to a record $235.1 million, above analysts' estimates of $222 million.
Tags: sales
stock
increasing
laser
Category:Electronics and Electrical
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||