This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IPG Photonics' CEO Discusses Q2 2012 Results - Earnings Call Transcript

IPG Photonics Corporation (IPGP)

Q2 2012 Earnings Conference Call

July 31, 2012 10:00 ET

Executives

Angelo Lopresti – Vice President, General Counsel and Secretary

Dr. Valentin Gapontsev – Chairman and Chief Executive Officer

Tim Mammen – Vice President and Chief Financial Officer

Analysts

Zach Larkin – Stephens Incorporated

Krish Sankar – Bank of America-Merrill Lynch

Tom Hayes – Thompson Research

Joe Maxa – Dougherty & Company

Jim Ricchiuti – Needham & Company

Patrick Newton – Stifel Nicolaus

Jagadish Iyer – Piper Jaffray

Avinash Kant – D.A. Davidson

Mark Douglass – Longbow Research

Olga Levinzon – Barclays Capital

Mark Miller – Noble Financial

Jiwon Lee – Sidoti & Company

Presentation

Operator

Good morning, and welcome to IPG Photonics’ Second 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 introduction. Please go ahead sir.

Angelo Lopresti – Vice President, General Counsel and Secretary

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs