As usual, an intelligent, honest post from grkenvtech. Thanks, grken...
Record $41M in Q4.11
Parts disruption, step change and reduction rate…small gross margin resulted in
Vendors struggle In step change
•Revenue:$82 Million. Fourth consecutive year of greater than 30% revenue growth •Gross margin: 13 point improvement from FY 2010 (14)% •Cashused in Operations averaged $5.5 million per quarter; continued improved working capital management and cash neutral last six months •Backlog: Increased to $106 million from $86 million