Equity Overview
Price & Market Data
Price: $57.66
Daily Change: +$2.57 / 4.46%
Range: $55.84 - $57.90
Market Cap: $2,469,759,232
Volume: 45,820
Performance Metrics
1 Week: 11.33%
1 Month: -13.12%
3 Months: -25.13%
6 Months: -22.82%
1 Year: -32.20%
YTD: -20.65%
Company Details
Employees: 4740
Sector: Electronic technology
Industry: Semiconductors
Country: United States
Details
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in materials processing, medical, and advanced applications worldwide. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and chillers. In addition, the company offers integrated laser systems comprising LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; high precision laser systems for medical technology industry; welding seam stepper and picker, a fiber laser welding tool; laser and non-laser robotic welding and automation solutions; and specialized fiber laser systems for material processing applications. The company sells and markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.