IPG Photonics (IPGP) falls 5.3% after reporting Q3 results. While revenue of $129.1M (+62% Y/Y)...

|About: IPG Photonics Corporation (IPGP)|By:, SA News Editor

IPG Photonics (IPGP) falls 5.3% after reporting Q3 results. While revenue of $129.1M (+62% Y/Y) and EPS of $0.66 beat consensus by $1M amd $0.02, IPG's in-line Q4 guidance (revenue of $122M-$135M and EPS of $0.60-$0.71 vs. consensus of $130.6M and $0.65) and comments about macro uncertainty aren't going over well after a string of EPS beats and guidance hikes.