Customers are making strides at reducing their inventories, but capacity is still far in excess of demand in some of our markets. |
Given our excellent position in the communications and electronics markets and our strong backlog levels, we continue to feel comfortable with fourth quarter earnings per share of 39 cents. |
He had a tremendous influence on everyone in the valley. He was a role model for everyone to live up to. |
The (cost-cutting) measures to date have had a positive impact, but the business environment in our key industries continued to deteriorate this quarter. |
The results show that the actions we've been taking for many months to address capacity and parts issues have begun to pay off. |
These issues are going to be with us for the next few quarters. |
We're still comfortable with our current guidance of at least 20 percent revenue growth and a net margin of around 8 percent. |