Eric Benhamou Move Quotations

Over the quarter, our pro forma gross margins grew to nearly 35 percent, we generated positive cash flow from operations, and channel inventory remained within our desired range. And we have positioned the company to address broader market opportunities with innovative new products this fall and when the industry moves to a new growth phase.

The handheld industry has started to move into a more favorable period after a year of significant difficulties and overall shrinkage.