IPG Photonics Corp at CL King & Associates Best Ideas Conference (Virtual) Transcript
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.
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
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