Now let me turn to operating expenses, R&D, sales and marketing and G&A. All of them are too high if we were to allow them to remain at these levels indefinitely. So let me give you some color on what we're doing and why.

Read the rest of this transcript for free on seekingalpha.com

If you liked this article you might like

Tech, Energy and Financial Stocks Are Set to Reap Highest Returns for Investors in 2017

Analysts' Actions -- Fitbit, First Solar, Newmont Mining and More

Itron Looking Extended on the Grid

Xylem Buys Jordan, Goldman-Backed Sensus For $1.7B

Itron (ITRI) Highlighted As Strong And Under The Radar Stock Of The Day