monstercameron
Diamond Member
- Feb 12, 2013
- 3,818
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YoY numbers look great, 1.09B revenue for 1Q2013 versus 1.40B revenue for 1Q2014.
But gross margins fell by 6% (from 41% down to 35%), and perhaps more disquieting is the R&D budget decreased by more than 10% ($279m now versus $312m a year ago) despite revenue increasing by more than 28% over the same period.
look who's back!