Fourth quarter revenue and gross margin exceeded guidance...

Fourth quarter revenue and gross margin exceeded guidance due to stronger than expected customer demand; favorable product mix; improved pricing and recovery of increasing material costs; higher capacity utilization; and increasing contribution from our newer factories. As a result, gross margin rose to 24.2% from 16.4% in the third quarter.

Ken Joyce Quote About Capacity, Customer, Due, Exceeded, Expected: Fourth Quarter Revenue And Gross...

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