Midway Through The Robotics Earnings Season: Discipline Rewarded, Recovery Broadening

VettaFi Research4.5K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe current earnings season cycle is delivering a consistent message across the ROBO Index universe: the sector is moving at two speeds, and both are heading in the right direction.Jenoptik reported preliminary revenue down roughly 6% on semiconductor and automotive weakness, yet held EBITDA margins at 18.4% and grew free cash flow 48% year over year.IPG Photonics, a leading developer of high-power fiber lasers for industrial and medical applications, posted its first full-year revenue growth in several years. Shinsei Motions/iStock via Getty Images By Zeno Mercer The current earnings season cycle is delivering a consistent message across the ROBO Index universe: the sector is moving at two speeds, and both are heading in the right direction. AThis article was written byVettaFi Research4.5K FollowersFollowVettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. With $14 billion in assets benchmarked to its indexes – and more than 200 customers globally – asset managers look to VettaFi for benchmarks and best-in-class index solutions at competitive prices.