IPG Photonics (Nasdaq: IPGP) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), IPG Photonics beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share grew.

Margins shrank across the board.

Revenue details
 IPG Photonics reported revenue of $168.2 million. The nine analysts polled by S&P Capital IQ looked for sales of $161.0 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $137.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.80. The eight earnings estimates compiled by S&P Capital IQ predicted $0.78 per share. GAAP EPS of $0.80 for Q2 were 11% higher than the prior-year quarter's $0.72 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 53.5%, 80 basis points worse than the prior-year quarter. Operating margin was 35.5%, 300 basis points worse than the prior-year quarter. Net margin was 24.8%, 260 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $172.1 million. On the bottom line, the average EPS estimate is $0.84.

Next year's average estimate for revenue is $641.7 million. The average EPS estimate is $3.10.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,482 members out of 1,514 rating the stock outperform, and 32 members rating it underperform. Among 479 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 471 give IPG Photonics a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IPG Photonics is outperform, with an average price target of $71.00.

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