As we continue to execute on our business strategy, the current business environment requires us to be cautious and make some pragmatic, yet difficult decisions.
More Quotes from John Daane:
An industry-wide inventory correction began in the fourth quarter, and now reduced end market consumption is exacerbating the impact of that correction.John Daane
In our international channels we are experiencing a sharper decline in demand than we had forecasted and therefore, we have modified our second quarter revenue guidance.
John Daane
Looking beyond these near term challenges, we are seeing excellent customer response to our growing list of new products and our design win momentum is continuing. We will be in a strong position when growth resumes in the markets we serve.
John Daane
We are seeing the effects of reduced capital spending by service providers and other communications market end customers impact our customers' business and hence their purchases. The slowdown in end market activity is prolonging the inventory correction, but we believe that moderate sequential revenue growth will resume in the second half.
John Daane
Readers Who Like This Quotation Also Like:
Based on Topics: Decision Making Quotes, Strategy QuotesSome teachers had been trained to work out at Southern because I carried two out there. I carried a lady down here from Palmer's Crossing, used to play piano, and Billy Carter.
Charles Phillips
All you need in the world is love and laughter. That's all anybody needs. To have love in one hand and laughter in the other.
August Wilson
There isn't any formula or method. You learn to love by loving - by paying attention and doing what one thereby discovers has to be done.
Aldous Huxley