The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: I'm just going to go after a little more detail on the Industrial order trends. If you're willing to, could you talk about how they progressed through
the quarter? Did they -- did the comparisons on orders at least improved as you went through the quarter? And any comments you'd make on
July?
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: And just a follow-up on the comment that you're cutting capital expenditures pretty significantly this year. Can you talk about where the CapEx is
getting cut? And where you're maintaining that CapEx to invest in growth and those kinds of things, just so we know what's getting cut and what's
still getting funded?
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: What I really wanted to hear there was that you weren't cutting the growth investments, so that's good. On pricing, obviously, a lot of pricing going
through this year. It's usually a pretty difficult environment when revenues are down this much to be able to push price. Can you talk about, a little
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AUGUST 07, 2020 / 1:00PM, CIR.N - Q2 2020 CIRCOR International Inc Earnings Call
bit more about the areas that you're pushing price through. What gives you the ability to get that pricing through? Even in normal circumstances
4 -- 3, 4 points in price would be a lot. And the customer acceptance of these pricing increases?
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