Abe Reichental
Abe Reichental
building few future
We're not building a future for a few years, we're building for a lifetime.
absence activity additional affected decisions declined deliberate due expect factors field higher improvement legacy lower margins noticeable older primarily profit resulted sales service special strategic training
Service margins declined due to lower sales of upgrades for older legacy systems, higher training and field service activity and a special compensation-related charge. While we are disappointed with the absence of a noticeable improvement in profit margins in 2005, the factors that adversely affected them resulted primarily from deliberate strategic decisions we have made for long-term gain, and we expect to see additional margin improvements going forward.