Source-grounded facts extracted from IPG PHOTONICS CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
IPG PHOTONICS CORP shareholders approved Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-12 meeting.
“Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026 Votes For Votes Against Abstentions Broker Non-Votes 39,419,373 614,181 24,444 —”
IPG PHOTONICS CORP shareholders approved Advisory vote to approve our executive compensation at the 2026-05-12 meeting.
“Advisory vote to approve our executive compensation Votes For Votes Against Abstentions Broker Non-Votes 27,089,325 10,719,258 159,740 2,089,675”
IPG PHOTONICS CORP shareholders approved Election of ten directors at the 2026-05-12 meeting.
“Election of ten directors Votes For Votes Against Abstentions Broker Non-Votes Gregory Beecher 37,779,429 177,561 11,333 2,089,675”
IPG PHOTONICS CORP reported first quarter ended March 31, 2026 results: revenue $265.5, net income $1.6, EPS $0.04. Guidance initiated.
“Three Months Ended March 31, (In millions, except per share data and percentages) 2026 2025 Change Revenue $ 265.5 $ 227.8 17 % Gross margin 37.5 % 39.4 % Operating income (loss) $ (7.7) $ 1.8 NM Operating margin (2.9) % 0.8 % Net income $ 1.6 $ 3.8 (58) % Earnings per diluted share $ 0.04 $ 0.09 (56) %”
IPG PHOTONICS CORP incurred revolving credit of $200 million with Bank of America, N.A. at Term SOFR plus an applicable rate that varies based on the Company's Consolidate maturing June 24, 2030.
“expenditures and other general corporate purposes. Loans under the Credit Agreement may be prepaid at any time without premium or penalty. The Credit Agreement provides for a $200 million unsecured, revolving credit facility (of which $25 million may be used for issuances of letters of credit) and is scheduled to mature on June 24, 2030. Provided there is no”
Michael C. Child departed as Director at IPG PHOTONICS CORP.
“Mr. Michael C. Child, a member of the of the Board of Directors of IPG Photonics Corporation (the " Company "), informed the Company on March 6, 2025 that he will not stand for re-election at the 2025 annual meeting of stockholders.”
Mary E. Buttarazzi was appointed as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
“On February 7, 2025, the Board of Directors (the " Board ") of the Company appointed the Company's Vice President, Finance, Mary E. Buttarazzi, to assume the role of the Company's Vice President, Corporate Controller and Chief Accounting Officer (including its Principal Accounting Officer) effective upon Mr. Burgomaster’s retirement on March 1, 2025.”
Thomas J. Burgomaster retired as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
“On February 7, 2025, Thomas J. Burgomaster, Vice President, Corporate Controller and Chief Accounting Officer (including its Principal Accounting Officer) of the Company, informed the Company of his intention to retire from his position with the Company effective March 1, 2025.”
Alexander Ovtchinnikov departed as other_named_officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov and Dr. Alexander Ovtchinnikov, previously disclosed as named executive officers of the Company, will not participate in the Revised AIP as a result of no longer being executive officers of the Company.”
Eugene Scherbakov departed as other_named_officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov and Dr. Alexander Ovtchinnikov, previously disclosed as named executive officers of the Company, will not participate in the Revised AIP as a result of no longer being executive officers of the Company.”
Alexander Ovtchinnikov retired as Senior Vice President, Chief Technology Officer at IPG PHOTONICS CORP.
“On August 15, 2024, Alexander Ovtchinnikov, Ph.D., Senior Vice President, Chief Technology Officer of IPG Photonics Corporation (the “Company”), informed the Company of his intention to retire from employment with the Company effective September 15, 2024”
IPG PHOTONICS CORP reported the first quarter ended March 31, 2024 results: revenue $252.0, net income $24.1, EPS $0.52. Guidance reaffirmed.
“financial results for the first quarter ended March 31, 2024. Three Months Ended March 31, (In millions, except per share data and percentages) 2024 2023 Change Revenue $ 252.0 $ 347.2 (27) % Gross margin 38.7 % 42.3 % Operating income $ 19.1 $ 75.4 (75) % Operating margin 7.6 % 21.7 % Net income attributable to IPG Photonics Corporation $ 24.1 $ 60.1”
Mark Gitin was appointed as Director at IPG PHOTONICS CORP.
“The Board has also determined to increase the size of the Board to eleven directors and to appoint Dr. Gitin as a director to fill such vacancy, subject to Dr. Gitin commencing employment with the Company and effective as of the Start Date.”
Eugene Scherbakov changed role as Chief Executive Officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov will transition from his role as the Company’s Chief Executive Officer, effective as of June 5, 2024”
Mark Gitin was appointed as Chief Executive Officer at IPG PHOTONICS CORP.
“the Board of Directors (the “Board”) of IPG Photonics Corporation (the “Company”) appointed Dr. Mark Gitin as Chief Executive Officer of the Company, effective June 5, 2024”
IPG PHOTONICS CORP reported the fourth quarter ended December 31, 2023 results: revenue $298.9, net income $41.4, EPS $0.89.
“31, 2023. Three Months Ended December 31, Twelve Months Ended December 31, (In millions, except per share data and percentages) 2023 2022 Change 2023 2022 Change Revenue $ 298.9 $ 333.5 (10) % $ 1,287.4 $ 1,429.5 (10) % Gross margin 38.2 % 18.2 % 42.1 % 38.9 % Operating income (loss) $ 28.8 $ (88.5) NM $ 232.0 $ 169.5 37 % Operating margin 9.6 % (26.5) %”
IPG PHOTONICS CORP reported the third quarter ended September 30, 2023 results: revenue $301.4, net income $55.0, EPS $1.16.
“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 %”
Felix Stukalin departed as Senior Vice President, Chief Operating Officer and member of the Board of Directors at IPG PHOTONICS CORP.
“IPG Photonics Corporation (the “Company”) is saddened to report that Felix Stukalin, the Company’s Senior Vice President, Chief Operating Officer and member of the Company's Board of Directors, passed away on October 6, 2023.”
IPG PHOTONICS CORP reported second quarter ended June 30, 2023 results: revenue $340.0, net income $62.3, EPS $1.31. Guidance lowered.
“ended June 30, 2023. Three Months Ended June 30, Six Months Ended June 30, (In millions, except per share data and percentages) 2023 2022 Change 2023 2022 Change Revenue $ 340.0 $ 377.0 (10) % $ 687.1 $ 747.0 (8) % Gross margin 43.4 % 45.7 % 42.9 % 46.1 % Operating income $ 72.1 $ 71.7 1 % $ 147.5 $ 164.8 (10) % Operating margin 21.2 % 19.0 % 21.5 % 22.1”
Kolleen Kennedy was appointed as director at IPG PHOTONICS CORP.
“appointed Kolleen Kennedy as a director to fill the vacancy resulting from that increase, effective August 1, 2023.”
IPG PHOTONICS CORP: Filed amendment to Amended and Restated Certificate of Incorporation to eliminate monetary liability for certain executive officers for breaches of duty of care consistent with recent Delaware law amendments (effective 2023-05-23).
“On May 23, 2023, IPG Photonics Corporation (the “ Company ”) filed an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “ Amendment ”) with the Secretary of State of the State of Delaware, which became effective upon filing.”
IPG PHOTONICS CORP shareholders approved Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-23 meeting.
“Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2023 Votes For Votes Against Abstentions Broker Non-Votes 43,604,086 1,080,528 30,839 —”
IPG PHOTONICS CORP shareholders approved To amend the Company's Amended and Restated Certificate of Incorporation at the 2023-05-23 meeting.
“To amend the Company's Amended and Restated Certificate of Incorporation Votes For Votes Against Abstentions Broker Non-Votes 40,825,468 2,157,217 53,500 1,679,268”
IPG PHOTONICS CORP shareholders approved To amend the IPG Photonics Corporation 2006 Incentive Compensation Plan at the 2023-05-23 meeting.
“To amend the IPG Photonics Corporation 2006 Incentive Compensation Plan Votes For Votes Against Abstentions Broker Non-Votes 42,144,430 859,878 31,877 1,679,268”
IPG PHOTONICS CORP shareholders approved Advisory vote to approve the frequency of advisory approval of our executive compensation at the 2023-05-23 meeting.
“Advisory vote to approve the frequency of advisory approval of our executive compensation 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 41,704,758 25,990 1,284,996 20,441 1,679,268”
IPG PHOTONICS CORP shareholders approved Advisory vote to approve our executive compensation at the 2023-05-23 meeting.
“Advisory vote to approve our executive compensation Votes For Votes Against Abstentions Broker Non-Votes 41,700,668 1,292,734 42,783 1,679,268”
IPG PHOTONICS CORP shareholders approved Election of ten Directors at the 2023-05-23 meeting.
“Election of ten Directors Votes For Votes Against Abstentions Broker Non-Votes Gregory Beecher 42,635,202 378,231 22,752 1,679,268 Michael Child 41,968,149 1,044,243 23,793 1,679,268 Jeanmarie Desmond 42,762,668 250,589 22,928 1,679,268 Gregory Dougherty 42,710,490 301,997 23,698 1,679,268 Eric Meurice 42,305,604 706,607 23,974 1,679,268 Natalia Pavlova 42,464,201 547,987 23,997 1,679,268 John Peeler 40,664,181 2,210,600 161,404 1,679,268 Eugene Scherbakov, Ph.D. 42,784,051 228,632 23,502 1,679,268 Felix Stukalin 42,535,393 477,962 22,830 1,679,268 Agnes Tang 42,833,337 180,830 22,018 1,679,268”
IPG PHOTONICS CORP reported first quarter ended March 31, 2023 results: revenue $347.2, net income $60.1, EPS $1.26. Guidance reaffirmed.
“financial results for the first quarter ended March 31, 2023. Three Months Ended March 31, (In millions, except per share data and percentages) 2023 2022 Change Revenue $ 347.2 $ 370.0 (6) % Gross margin 42.3 % 46.4 % Operating income $ 75.4 $ 93.1 (19) % Operating margin 21.7 % 25.2 % Net income attributable to IPG Photonics Corporation $ 60.1 $ 69.6”
IPG PHOTONICS CORP reported First quarter of 2023 results: revenue $310 million to $340 million, EPS $0.90 to $1.20. Guidance initiated.
“For the first quarter of 2023, IPG expects revenue of $310 million to $340 million. The Company expects the first quarter tax rate to be approximately 26%. IPG anticipates delivering earnings per diluted share in the range of $0.90 to $1.20.”
IPG PHOTONICS CORP reported Twelve months ended December 31, 2022 results: revenue $ 1,429.5, net income $ 109.9, EPS $ 2.16.
“Revenue $ 333.5 $ 364.5 (8) % $ 1,429.5 $ 1,460.9 (2) % Gross margin 18.2 % 45.5 % 38.9 % 47.7 % Operating (loss) income $ (88.5) $ 84.8 NM $ 169.5 $ 367.9 (54) % Operating margin (26.5) % 23.3 % 11.9 % 25.2 % Net (loss) income attributable to IPG Photonics Corporation $ (92.9) $ 65.1 NM $ 109.9 $ 278.4 (61) % Earnings (loss) per diluted share (1) $ (1.91) $ 1.21 NM $ 2.16 $ 5.16 (58) %”
IPG PHOTONICS CORP reported Three months ended December 31, 2022 results: revenue $ 333.5, net income $ (92.9), EPS $ (1.91).
“Revenue $ 333.5 $ 364.5 (8) % $ 1,429.5 $ 1,460.9 (2) % Gross margin 18.2 % 45.5 % 38.9 % 47.7 % Operating (loss) income $ (88.5) $ 84.8 NM $ 169.5 $ 367.9 (54) % Operating margin (26.5) % 23.3 % 11.9 % 25.2 % Net (loss) income attributable to IPG Photonics Corporation $ (92.9) $ 65.1 NM $ 109.9 $ 278.4 (61) % Earnings (loss) per diluted share (1) $ (1.91) $ 1.21 NM $ 2.16 $ 5.16 (58) %”
IPG PHOTONICS CORP: Amended and restated bylaws to incorporate universal proxy rule, update meeting procedures, and make other technical changes (effective 2022-11-08).
“On November 8, 2022, the Board of Directors (the “Board”) of IPG Photonics Corporation (the “Company”) amended and restated the Company’s amended and restated bylaws (as amended, the “Amended and Restated Bylaws”).”
IPG PHOTONICS CORP reported the quarter ended September 30, 2022 results: revenue $349.0, net income $76.3, EPS $1.47.
“30, 2022. Three Months Ended September 30, Nine Months Ended September 30, (In millions, except per share data and percentages) 2022 2021 Change 2022 2021 Change Revenue $ 349.0 $ 379.2 (8) % $ 1,096.0 $ 1,096.4 — % Gross margin 43.1 % 49.0 % 45.1 % 48.4 % Operating income $ 93.2 $ 102.0 (9) % $ 258.0 $ 283.1 (9) % Operating margin 26.7 % 26.9 % 23.5 %”
Agnes K. Tang was appointed as Director at IPG PHOTONICS CORP.
“On March 28, 2022, the Board of Directors (the " Board ") of IPG Photonics Corporation (the " Company ") appointed Felix Stukalin and Agnes K. Tang to the Board, increasing the size of the Board to ten.”
Felix Stukalin was appointed as Director at IPG PHOTONICS CORP.
“On March 28, 2022, the Board of Directors (the " Board ") of IPG Photonics Corporation (the " Company ") appointed Felix Stukalin and Agnes K. Tang to the Board, increasing the size of the Board to ten.”
Felix Stukalin changed role as Chief Operating Officer at IPG PHOTONICS CORP.
“Effective February 18, 2022, Felix Stukalin, Senior Vice President, North America Operations, was promoted to Chief Operating Officer of IPG Photonics Corporation (the " Company ").”
John Peeler changed role as non-executive Chairman at IPG PHOTONICS CORP.
“On November 2, 2021, IPG Photonics Corporation (the "Company") announced that effective October 29, 2021, John Peeler, Lead Independent Director of the Company, assumed the role of non-executive Chairman of the Board of Directors (the “Board”).”
Dr. Valentin P. Gapontsev departed as Chairman at IPG PHOTONICS CORP.
“On October 25, 2021, IPG Photonics Corporation (the “Company”) announced with profound sadness the passing of its beloved founder, innovator, longtime Chairman and former Chief Executive Officer, Dr. Valentin P. Gapontsev.”
Valentin P. Gapontsev departed as Executive Chair at IPG PHOTONICS CORP.
“On October 18, 2021, IPG Photonics Corporation (the “Company”) announced that Dr. Valentin P. Gapontsev is taking a medical leave of absence from his role as Executive Chair of the Company, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.