IPG Photonics (NASDAQ:IPGP) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.21 by 47.62 percent. This is a 38 percent decrease over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $227.79 million which beat the analyst consensus estimate of $227.10 million by 0.30 percent. This is a 9.61 percent decrease over sales of $252.01 million the same period last year.