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IPG Photonics CEO Discusses Q1 2012 Results - Earnings Call Transcript

Call Start: 10:00

Call End: 11:04

IPG Photonics Corporation (IPGP)

Q1 2012 Earnings Call

May 1, 2012 10:00 a.m. ET

Executives

Angelo Lopresti - VP and General Counsel

Dr. Valentin Gapontsev - CEO

Tim Mammen - VP and CFO

Analysts

Zach Larkin - Stephens

Tom Hayes - Thompson Research Group

Mark Douglass - Longbow Research

Jim Ricchiuti - Needham and Company

Krish Sankar - Bank of America Merrill Lynch

Patrick Newton - Stifel, Nicolaus

Joe Maxa - Dougherty and Company

Avinash Kant - D.A. Davidson

Jagadish Iyer - Piper Jaffray

Olga Levinzon - Barclays Capital

Mark Miller - Noble Financial

Jiwon Lee - Sidoti and Company

Arthur Weiss - Lord Abbott

Presentation

Operator

Good morning, and welcome to IPG Photonics’ First Quarter 2012 Financial Results Conference Call. Today’s call is being recorded and webcast. There will be an opportunity for questions at the end of the call. (Operator Instructions) At this time, I would like to turn the call over to Mr. Angelo Lopresti, IPG’s Vice President, General Counsel and Secretary, for introductions. Please go ahead, sir.

Angelo Lopresti

Thank you, and good morning, everyone. With us today is IPG Photonics’ Chairman and Chief Executive Officer, Dr. Valentin Gapontsev, and Vice President and Chief Financial Officer, Tim Mammen.

Statements made during the course of this conference 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 known and unknown 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 those detailed in IPG Photonics’ Form 10-K for the year ended December 31, 2011 and other reports on file with the Securities and Exchange Commission.

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