IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.38 by 52.63 percent. This is a 93.33 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $278.580 million which missed the analyst consensus estimate of $279.975 million by 0.50 percent. This is a 11.11 percent increase over sales of $250.721 million the same period last year.