IPG Photonics Stock Sinks Despite EPS Beat, Tariffs Dim Q2 Forecast With 'Uncertainty Related To Timing Of Shipments ... Increased Costs' IPG Photonics Stock Sinks Despite EPS Beat, Tariffs Dim Q2 Forecast - IPG Photonics (NASDAQ:IPGP)

IPG Photonics Stock Sinks Despite EPS Beat, Tariffs Dim Q2 Forecast With 'Uncertainty Related To Timing Of Shipments ... Increased Costs' IPG Photonics Stock Sinks Despite EPS Beat, Tariffs Dim Q2 Forecast - IPG Photonics (NASDAQ:IPGP)

IPG Photonics Corporation (NASDAQ:IPGP) shares are trading lower on Tuesday after reporting first-quarter results. The company reported adjusted earnings per share of 31 cents, beating the Street view of 21 cents. Quarterly sales of $227.79 million (down 10% year over year) outpaced the analyst consensus estimate of $227.10 million. Revenues slumped owing to lower sales in materials processing. Changes in foreign exchange rates reduced revenue g…