IPG Photonics Corp (BSP:I1PG34)
R$ 184.14 0 (0%) Market Cap: 19.86 Bil Enterprise Value: 13.90 Bil PE Ratio: 0 PB Ratio: 1.58 GF Score: 75/100

IPG Photonics Corp at Raymond James Institutional Investors Conference Transcript

Mar 04, 2019 / 06:05PM GMT
Brian A. Gesuale
Raymond James & Associates, Inc., Research Division - Senior VP & Research Analyst

Yes. Good afternoon, everybody. I'm Brian Gesuale, senior analyst covering the industrial technology space at Raymond James. Delighted to have IPG Photonics here to present. We're going to do a fireside chat format with the company's Chief Financial Officer, Tim Mammen.

And we think this is a very interesting time to be looking at the story. The stock has been a terrific performer over the years. It wobbled a bit over the last 9 months or so with a shaky macro. And we think the stock has refound its sea legs, if you will, and really could be setting up for a rebound in the second half of 2019.

So with that, we're going to jump into some questions. We'll save a little bit of time at the end, so we can have some audience participation, and we'll go from there.

Questions & Answers

Brian A. Gesuale
Raymond James & Associates, Inc., Research Division - Senior VP & Research Analyst

So, Tim, would you maybe level set the

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