{"schema_version":"secwatch.filing_event.v1","accession":"0001111928-23-000168","form_type":"8-K","ticker":"IPGP","cik":"0001111928","company_name":"IPG PHOTONICS CORP","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.260296+00:00","generated_at":"2026-06-09T04:08:56.009366+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IPG Photonics Q3 revenue $301M (-14% YoY); EPS $1.16; Q4 guidance weak","bullets":["Revenue $301.4M, down 14% YoY; materials processing sales fell 15% on weak China demand.","EPS $1.16, down 21% YoY; gross margin improved to 44.1% from 43.1%.","Q4 guidance: revenue $270-$300M, EPS $0.80-$1.10; book-to-bill below one.","Board reduced from 11 to 10 members after death of director Felix Stukalin."],"urls":{"canonical":"https://secwatch.observer/filing/0001111928-23-000168","json":"https://secwatch.observer/filing/0001111928-23-000168.json","markdown":"https://secwatch.observer/filing/0001111928-23-000168.md","text":"https://secwatch.observer/filing/0001111928-23-000168.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1111928/000111192823000168/0001111928-23-000168-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1111928/000111192823000168/ipgp-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:08:56.009366+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ca39e113555e8a2bd189999da52681473edd4a9","claim":"IPG PHOTONICS CORP reported the third quarter ended September 30, 2023 results: revenue $301.4, net income $55.0, EPS $1.16.","evidence_excerpt":"30, 2023. Three Months Ended September 30, Nine Months Ended September 30, (In millions, except per share data and percentages) 2023 2022 Change 2023 2022 Change Revenue $ 301.4 $ 349.0 (14) % $ 988.5 $ 1,096.0 (10) % Gross margin 44.1 % 43.1 % 43.2 % 45.1 % Operating income $ 55.7 $ 93.2 (40) % $ 203.2 $ 258.0 (21) % Operating margin 18.5 % 26.7 % 20.6 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1111928/000111192823000168/0001111928-23-000168-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$301.4"},{"label":"Net income","value":"$55.0"},{"label":"EPS","value":"$1.16"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}