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Patrick Nettles Quotes
«During the third quarter our gross margins were impacted by price concessions offered to a large customer in return for volume commitments. This reduced gross margins below our expected business model for the quarter.»
Author: Patrick Nettles
«There was an unexpected late-quarter delay of receipt of an order of more than $25 million from an existing customer. Additionally, we believe the anticipated change to calendar-quarter reporting resulted in some shifting of orders out of the fiscal third quarter.»
Author: Patrick Nettles