secwatch.observer — SEC 8-K summary
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Issuer:     IPG PHOTONICS CORP (IPGP)
CIK:        0001111928
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001111928-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IPG Photonics Q4 rev $364.5M (+8% YoY), EPS $1.21 (+32%); guides FY2022 rev growth 3-6%; new $200M buyback
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- Q4 revenue $364.5M (+8% YoY); net income $65.1M, diluted EPS $1.21 (+32%); full-year revenue record $1.46B.
- China revenue down 20% YoY; Europe +37%, N.America +30%, Japan +56%; non-China sales 69% of total.
- Emerging growth products 38% of Q4 revenue, up 57% YoY; high-power CW laser sales declined 19% YoY.
- New $200M stock buyback authorized (in addition to ~$80M remaining from May 2020 program).
- Q1 2022 guidance: revenue $320-350M, EPS $0.85-1.15; FY2022 total revenue growth expected 3-6% (transition year).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111928/000111192822000009/0001111928-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111928/000111192822000009/ipgp-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001111928-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer