IPG Photonics Corporation reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 369.98 million compared to USD 345.59 million a year ago. Net income was USD 69.57 million compared to USD 68.13 million a year ago. Basic earnings per share from continuing operations was USD 1.32 compared to USD 1.27 a year ago. Diluted earnings per share from continuing operations was USD 1.31 compared to USD 1.26 a year ago.