That said, we had just recently had a big trade show in Europe, the Interpac and we have seen great interest in our product portfolio. We also launched a set of new products, also midrange products in the x-ray category and others. And that helps us, of course, to also really effectively compete in that segment and drive our future growth. We are actually quite sure that we’re taking market share in the segment right now, although the growth is not outstanding. I think we are outcompeting our competitors. And it’s a business that we, again, invested in over the last two years in expanding the portfolio, especially pushing more into the midrange to be there more effectively, but also now launching pretty soon some new higher end solutions.
Catherine Schulte: Great. Thank you.
Operator: Your next question comes from Josh Waldman with Cleveland Research. Your line is open.
Joshua Waldman: Good evening. Thanks for taking my questions. Maybe, Patrick, just to follow-up on product inspection. I mean, it sounded like it held in the quarter, but seeing signs of softening from CPG, food and pharma seems like it’s pulling back. Just curious what level of orders you’ve seen kind of entering the third quarter and maybe how the guide reflects those maybe softer end markets. It seems like the guide, I mean, only moved down modestly, if I’m correct.
Patrick Kaltenbach: Yes. That’s right. The guidance is down modestly. Again, it’s mainly in the U.S. where we see also tougher compares, but also the environment for the customers that are becoming a bit more difficult. And it looks like they are slowing down their investments. Shawn, anything else if we could say in terms of the guidance for PI.
Shawn Vadala: No. I mean, I think also, if we look at Q2, we actually did better than we expected. So, maybe Q2 was better, but the second half is a little bit worse. And it’s kind of like what Patrick says. If you just kind of like look at — if we kind of just look at how — what we’re hearing from customers and from the organization, especially in the U.S., but also in Europe going into the quarter, we’re just seeing a more negative situation than what we experienced in the second quarter.
Joshua Waldman: Got it. And then, I guess, a follow-up or a question on process analytics. I wonder what you saw in Q2 from a demand perspective or growth perspective and then your assumptions on the second half. I mean, we’ve seen some of the bio prod peers, CDMO peers and chemical accounts talk on incremental softness. Is this something you’re seeing show up in the business? Or do you think that business will hold in more resiliently?
Shawn Vadala: Yeah. I’ll start and I’ll let Patrick add some color — additional color if he’d like. But in terms of process analytics, we had very, very modest growth in the quarter, but there were definitely different storylines kind of under the covers. On one hand, we did have a very significant headwind in terms of bioprocessing specific more so to the single-use technologies and downstream bioprocessing. We also see softness in pharma and biopharma or more biopharma, I should say, coming off some very strong comparisons in previous years. But then kind of offsetting some of that is also — have been good growth in some of these hot segments like semiconductors is an important segment for the process analytics business. But nonetheless, we have a more modest expectation here for the second half as well too, just given more pressure that we talked about in general with pharma and biopharma.
