IPG Photonics Corporation (IPGP) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to IPG Photonics first quarter 2026 conference call. Today's call is being recorded and webcast. At this time, I'd like to turn the call over to Eugene Fedorov, IPG Senior Director, Investor Relations for introductions. Please go ahead with your conference. Thank you and good morning, everyone. With me today is IPG Photonics CEO, Dr. Mark Eden and Senior Vice President, and see what's in mind. On today's call, Mark will provide a summary of our first quarter results, as well as the overall demand environment, and then walk you through the progress we are making on our long-term strategy. After that, he will turn it over to Tim to provide financial details. Let me remind you that statements made during this call that discuss our expectations or predictions of the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause the company's actual results to differ materially from those projected in such forward-looking statements. These risks and uncertainties are detailed in our Reform 10-K for period ended December 31st, 2025, and our reports on file with the Securities and Exchange Commission. Any forward-looking statements made on this call are the company's expectations or predictions as of today, May 5th, 2026 only. And the company assumes no obligations to public entities, any updates or revisions to any such statements. During this call, we will be referencing certain non-GAAP measures. For more information on how we define these non-GAAP measures and the reconciliation of such measures to the most directly comparable GAAP measures, as well as additional details on reported results, Please refer to the earnings press release, earnings call presentation, and the financial d...