Service margins declined due to lower sales of upgrades for...

Service margins declined due to lower sales of upgrades for older legacy systems, higher training and field service activity and a special compensation-related charge. While we are disappointed with the absence of a noticeable improvement in profit margins in 2005, the factors that adversely affected them resulted primarily from deliberate strategic decisions we have made for long-term gain, and we expect to see additional margin improvements going forward.

Abe Reichental Quote About Absence, Activity, Additional, Affected, Decisions: Service Margins Declined Due To...

Quotes from famous authors

Popular tags & topics