In our BioMeasurement Division planned cost reductions are nearly complete and we’ll substantially reduce the Division’s operating loss in fiscal 2011. The cost reductions in the BioMeasurement Division are part of our previously announced plan to further reduce our cost by $25 million on an annualized basis. These planned cost reductions are on track and will begin to benefit our results in the first quarter of fiscal 2011.I’ll turn the call over to Kathleen now for an update on the Disk Drive Components Division.
Hutchinson Technology CEO Discusses F4Q2010 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.