Of primary importance, we achieved our goal of returning to profitability.
More Quotes from Craig McHugh:
This will make us a leaner, more agile operation.Craig McHugh
We're very open to talking to all the companies interested in using our interface. We're going to be very vigorous in bringing our technology to market, and very vigilant in protecting our patent rights.
Craig McHugh
We are examining each of our product categories to determine how we can improve revenues, return gross margins to 20 percent or higher, and reduce operating expenses as we target a return to profitability in the second half of the calendar year.
Craig McHugh
Our revenue in the quarter was the highest for any quarter in the past five years, with increased year-over-year sales in each of our key product categories.
Craig McHugh
In the next few quarters, we plan to further lower our inventory, reduce our overall level of operating expenses and we will increase our focus on our higher-margin businesses.
Craig McHugh
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