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IPG sales increase 95% in Q1

Thu, 05/05/2011 - 4:37am
I-Micronews

The increase puts IPG’s sales at $100 million with a net income of $23.1 million. First-quarter sales in 2010 were at $51.2 million with a net income of $3.4 million. According to the company, the high-power and pulsed laser sales for materials processing applications were the primary drivers of the growth.

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