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IPG Photonics Corporation (IPGP) CEO Valentin Gapontsev on Q1 2020 Results - Earnings Call Transcript

May 05, 2020 3:01 PM ETIPG Photonics Corporation (IPGP)
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IPG Photonics Corporation (NASDAQ:IPGP) Q1 2020 Earnings Conference Call May 5, 2020 10:00 AM ET

Company Participants

James Hillier - VP of IR

Valentin Gapontsev - Chairman & CEO

Eugene Scherbakov - Managing Director & COO

Timothy Mammen - SVP & CFO

Conference Call Participants

John Marchetti - Stifel Nicolaus

Jim Ricchiuti - Needham & Company

Tom Diffely - D.A. Davidson

Michael Feniger - Bank of America

Jed Dorsheimer - Canaccord Genuity

Mark Miller - The Benchmark Company

Krish Sankar - Cowen & Company


Good morning and welcome to IPG Photonics First Quarter 2020 Conference Call. Today’s call is being recorded and webcast.

At this time, I’d like to turn the call over to James Hillier, IPG’s Vice President of Investor Relations for introductions. Please go ahead, sir.

James Hillier

Thank you, Doug, and good morning, everyone. With us today is IPG Photonics’ Chairman and CEO, Dr. Valentin Gapontsev; Chief Operating Officer, Dr. Eugene Shcherbakov; and Senior Vice President and CFO, Tim Mammen.

Statements made during the course of this call that discuss management’s or the company’s intentions, expectations or predictions of the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those projected in such forward-looking statements. These risks and uncertainties include the impact of the COVID-19 pandemic on our business and those detailed in IPG Photonics’ Form 10-K for the period ended December 31, 2019, and other reports on file with the Securities and Exchange Commission.

Copies of these filings may be obtained by visiting the Investors section of IPG’s website or by contacting the company directly. You may also find copies on the SEC’s website. Any forward-looking statements made on this call are the company’s expectations or predictions only as of today, May 5, 2020. The

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