IPG Photonics Corporation (IPGP) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript

SA Transcripts158.75K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call IPG Photonics Corporation (IPGP) 47th Annual Raymond James Institutional Investor Conference March 2, 2026 1:05 PM EST Company Participants Mark Gitin - CEO & DirectorTimothy P.V. Mammen - Senior VP & CFO Conference Call Participants Brian Gesuale - Raymond James & Associates, Inc., Research Division Presentation Brian GesualeRaymond James & Associates, Inc., Research Division [Audio Gap] Gesuale, senior analyst at Raymond James, covering the industrial tech space. I'm delighted to have IPG Photonics here to take us through the story. It's been a fantastic run for the company year-to-date, up over 70%, really encouraging earnings as well. We have the company's CEO, Mark Gitin, here to take us through the story as well as Tim Mammen. We're going to do a fireside chat format. And if there's any questions from the audience, please let me know. Let a couple of you filter in here. Question-and-Answer Session Brian GesualeRaymond James & Associates, Inc., Research Division Mark, let's start by level setting people to the IPG Photonics story. Take us through your core competency, applications for fiber lasers, regional exposure of the business and topics to ground the audience in your overall business. Mark GitinCEO & Director Yes. Sure, Brian. So IPG is a global leader in fiber lasers and incredibly innovative company. I've known the company actually since 1995, when I met the founder of Valentin Gapontsev. He invited me to the site then in Germany in 1996, and there were 14 employees, incredible innovative capabilities. And I tracked the company over the years. I spent all of these years in the lasers and optics industry, kept in touch with him, kept in touch with the company. And actually in the mid-teens, when I was at Coherent, I had the opportunity to compete with IPG in metal cutting. We had