How did IPGP's revenue and expenses trend in Q3 2024 compared to previous quarters?

IPG Photonics (IPGP) experienced a decrease in total revenue from $257.65 million in Q2 2024 to $233.14 million in Q3 2024, a decline of approximately 9.5%. The company's total expenses for Q3 2024 are not available. This decline in revenue could indicate a challenging period for the company, and further analysis of the expense trend and the reasons behind the revenue decrease would be beneficial. |code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code| |---|---|---|---|---|---|---| |IPGP|IPGP.O|IPG Photonics|2023 Q4|2.98893E8||185| |IPGP|IPGP.O|IPG Photonics|2024 Q1|2.52009E8||185| |IPGP|IPGP.O|IPG Photonics|2024 Q2|2.57645E8||185| |IPGP|IPGP.O|IPG Photonics|2024 Q3|2.33143E8||185| |code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code| |---|---|---|---|---|---|---| |IPGP|IPGP.O|IPG Photonics|2023 Q3|3.01401E8||185| |IPGP|IPGP.O|IPG Photonics|2023 Q4|2.98893E8||185| |IPGP|IPGP.O|IPG Photonics|2024 Q1|2.52009E8||185| |IPGP|IPGP.O|IPG Photonics|2024 Q2|2.57645E8||185|