Tag: Optelecom-NKF
Optelecom update
August 5, 2010Martha Entwistle
Last month, I wrote about the “belt-tightening” happening at Optelecom-NKF as they looked to stem losses and “right-size” US operations, where the company is focusing its growth strategy.
Today, they released their 2Q results. Still not very good. $2.3 million less in revenues than this same quarter last year (ya know, during the 2009 boomtimes). But it's going to take some time for that belt-tightening to take hold. Here's a summary of that belt-tightening:
— Replaced...