Craig McHugh
Craig McHugh
believe calendar closer current quarter return
We believe we can get closer to break-even in the current quarter and that we can return to profitability by the end of this calendar year.
clear interface largest market second share user
We're second to them in market size, but now I think it is clear that our user interface has the largest market share in the world.
expenses few focus further increase level lower next operating overall plan reduce
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.
calendar categories determine examining expenses gross half improve margins operating percent product reduce return second target
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.
continue drive inventory level
We will continue to try drive down inventory level so that we are able to be nimble on pricing.