After its $67-billion purchase of Hopkinton-based EMC Corp., Texas computer firm Dell Technologies now leads the list of Central Massachusetts' largest manufacturers.
IPG Photonics reported a second-quarter revenue leap of 22 percent, as well as a 25 percent rise in earnings per share, thanks in part to increased sales of its high-power fiber lasers, the Oxford-based manufacturer announced Tuesday.
IPG Photonics of Oxford started off the year with strong revenue growth and increases in net income thanks to strong demand for their high power fiber lasers, the company reported Tuesday.
As it had forecast earlier this month, IPG Photonics of Oxford turned in a better-than-expected financial performance in the fourth quarter of 2014, reporting revenue of $207.4 million and net income of $56.4 million, both up substantially over the fourth quarter of 2013.
IPG Photonics of Oxford expects fourth-quarter 2014 revenue and earnings per share to finish ahead of its expectations, the fiber-laser manufacturer said today.