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 CL King & Associates Best Ideas Conference (Virtual) Transcript

Sep 18, 2023 / 02:15PM GMT
Release Date Price: R$263.96
Thomas Lloyd Hayes
CL King & Associates, Inc., Research Division - Senior VP & Senior Analyst

Good morning, this is Tom. I appreciate everyone participating this morning. We have Tim Mammen and Eugene Fedotoff from IPG Photonics. About 35 minutes for the webcast here. Just as a reminder, if you are watching the webcast, you do want to ask a question, you'll need to type it into the ask a question box on the webcast page, and then I'll work it into the conversation. But Tim, and Eugene, I appreciate you guys taking the time today. Maybe, Tim, you kind of starting off and level setting us as we left Q2 and your Q2 earnings call into Q3. Maybe just kind of remind us how you saw the end market and the conditions for the -- for IPG out there.

Timothy P. V. Mammen
IPG Photonics Corporation - Senior VP & CFO

Sure. So thank you, everybody. Yes, in Q2 into Q3, bookings have been a bit weaker than we would have liked to see in Q2, we normally have a book-to-bill that's above 1. We said it was slightly below 1. That drove overall weaker guidance and we would

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot