Opinions? Seems focusing on the Prec. Ag is the name of the game. Makes sense. But I want to know how much they will get for the precision products line.
Results for the Q about in-line with my own expectations... no Q3 growth, no big surprises. No growth for 2012, no surprise, seeing where our stock price is. Expect some sell-off today... where we land is anyone's guess.
Anyway, I've been saying for a long time, expenses are way too high for this business. With the restructure, they will save $7 mil per year. It's a good start... but the loss in revenue will hurt for a while. Can they be profitable in 2013, excluding 1-time items? Maybe they will shed some light on this in the CC.
BTW - Looks like Steven Koles got $470k for his hard work: " The company incurred $0.5 million of restructuring costs in the third quarter"