On the morning of February 11, 2025, IPG Photonics Corporation held its Fourth Quarter 2024 Earnings Conference Call, available both as a webcast and a recording. Representatives from the company involved in the call included Eugene Fedotoff, Senior Director of Investor Relations, alongside CEO Dr. Mark Gitin, and CFO Tim Mammen.
Joining the conference were various financial analysts such as Ruben Roy from Stifel, Jim Ricchiuti of Needham & Company, Keith Housum representing Northcoast Research, Michael Feniger of Bank of America, Scott Graham from Seaport Research, and Mark Miller of The Benchmark Company.
The call began with pleasantries from the operator, who welcomed everyone and promptly handed the session over to Eugene Fedotoff. “Good morning,” Eugene greeted. “Today, I’m joined by Dr. Mark Gitin, our CEO, and Tim Mammen, our Senior Vice President and CFO.”
He proceeded to remind listeners that some comments during the call would include forward-looking statements, outlining the company’s aims, hopes, or forecasts. Eugene highlighted that these statements come with certain risks and uncertainties, which might lead to actual results differing significantly from current expectations. He encouraged participants to refer to IPG Photonics’ Form 10-K, covering the year ending on December 31, 2023, alongside other filings with the Securities and Exchange Commission for a detailed look at these potential risks.
Eugene stressed that any forward-looking statements represent the company’s views as of February 11, 2025, and clarified that there was no commitment to update these statements publicly in the future. He directed attendees to review the earnings press release for further details on the company’s reported results.
