OXFORD, Mass. (AP) _ IPG Photonics Corp. (IPGP) on Tuesday reported second-quarter net income of $57 million.

The Oxford, Massachusetts-based company said it had net income of $1.10 per share. Earnings, adjusted for non-recurring costs, were $1.38 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.

The high-powered laser maker posted revenue of $377 million in the period.

For the current quarter ending in October, IPG said it expects revenue in the range of $350 million to $380 million. Analysts surveyed by Zacks had expected revenue of $369.8 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IPGP at https://www.zacks.com/ap/IPGP

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