6 ordspråk av Greg Reyes
Greg Reyes
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I think this is the fifth sequential quarter where we have either met or exceeded analysts' top-line and bottom-line estimates, and we are proud of our results.
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I don't view them as competing. It's more Wall Street than anything else trying to drive the debate.
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The greatest factor clouding our vision is conservative forecasting on the part of our [sales] channel and our field. I also think there is a smattering of segments that were strong last year that aren't strong this year.
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We saw a period in the February-March time frame when we didn't have a lot of visibility, and IT spending was in a state of suspended animation. But today, two weeks into our third fiscal quarter, we've got many data points where IT spending is, in fact, being released.
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We decided to use these challenging economic conditions to position ourselves better going forward.
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I think that we are at the beginning of a multi-phased, decade-long evolution, and the market really hasn't started to bifurcate - like we saw in data communications - yet. But when it does, we'll be ready to make our moves. As an example, we added 170 employees this last quarter. We are attempting to do the same again this quarter. So we are going to continue to grow organically for the foreseeable future.
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