II-VI, Inc. (IIVI)’s Fiscal Year 2015 Second Quarter Earnings Conference Call Transcript

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James Ricchiuti – Needham & Company, LLC
Okay. Thanks. Thank you.
Francis Kramer – Chairman
Yes.
Operator
Our next question comes from the line of Ted Morea with Barrington Research. Your line is now open. Please proceed with your question.
Ted Morea – Barrington Research Associates, Inc.
Yes, good morning. Thanks for the questions and congrats on a great quarter. Just wondering, Chuck, you were just talking about the last two weeks of December. What – did you saw the pick-up of activity there? What – could you kind of go through where was the activity stronger and then was it the same activity that kind of slowed or was it different activity that kind of slowed in January?
Vincent Mattera – President
My comment – I was answering Jim’s question, which I understood was about Europe in general.
Ted Morea – Barrington Research Associates, Inc
Right.
Vincent Mattera – President
And my comments about the last two weeks of December, first two weeks of January were predominantly around the Laser Solutions segment.
Ted Morea – Barrington Research Associates, Inc.
Okay. And so – and then within Laser you talked about competitive pressures, but I think largely you’re showing up in China. Has that spread to other regions of the world?
Mary Jane Raymond – Chief Financial Officer
Competitive pressures on our Laser Solutions products in general?

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