IPG Photonics Corp (NAS:IPGP)
$ 89.87 0.69 (0.77%) Market Cap: 4.10 Bil Enterprise Value: 2.94 Bil PE Ratio: 23.16 PB Ratio: 1.75 GF Score: 81/100

IPG Photonics Corp at Nasdaq Investor Conference Transcript

Jun 13, 2019 / 01:30PM GMT
Release Date Price: $137.31 (+3.11%)
Timothy P. V. Mammen
IPG Photonics Corporation - Senior VP & CFO

Good afternoon, everybody. My name is Tim Mammen, I'm the CFO of IPG Photonics, and I'm going to be presenting today. Before I get going, I just want to draw your attention to our safe harbor statement and note that we will be making forward-looking statements and there are risks and uncertainties attached to these forward-looking statements. I also draw your attention to the risk factors that are outlined in our filings with the SEC, both our 10-Q and 10-K annual reports. And with that, I will move on to the presentation.

So really, lasers, one of the messages and themes we have about lasers is that they touch many different products across many different industries. We help to make products better, improve productivity, enable different materials to be used where, historically, something less efficient may have been done. And many of these advances are actually enabled by laser technology.

For example, in the automotive industry, the use of high-strength steels, the welding of high-strength steels is easy to do with

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