IPG Photonics Corp (NAS:IPGP)
$ 83.86 -1.89 (-2.2%) Market Cap: 3.63 Bil Enterprise Value: 2.62 Bil PE Ratio: 0 PB Ratio: 1.72 GF Score: 75/100

IPG Photonics Corp at Stifel Cross Sector Insight Conference (Virtual) Transcript

Jun 09, 2020 / 02:00PM GMT
Release Date Price: $165.59 (-0.86%)
John Warren Marchetti
Stifel, Nicolaus & Company, Incorporated, Research Division - MD & Senior Analyst

Great. Good morning, everyone, and thank you for joining us here today. We're fortunate to have IPG Photonics presenting with us. And with us this morning is Tim Mammen, who's Senior Vice President and CFO of the company.

Tim, I was hoping maybe you could just start off with a brief overview of the company for those investors who may or may not be as familiar with the story. And then we'll just jump right into Q&A.

So with that, Tim, why don't you go ahead and take it away?

Timothy P. V. Mammen
IPG Photonics Corporation - Senior VP & CFO

Good. Thank you, John, and good morning, everybody. I will try and keep the overview short, given the short time frame we have for this presentation. So IPG is regarded as being the market leader in fiber laser technology and the preeminent company in the commercialization of fiber lasers. Fiber laser technology historically has really focused on materials processing application with a 1

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