Financial PerformanceTotal sales and EBITDA are ahead of the Street and management reiterated full-year guidance—a welcome update after a few years of execution issues and missed guidance.
Leadership And ManagementNew management focuses on simplifying processes and focusing on its core functionalities.
Strategic InitiativesNew CEO Mike Nassif seems immediately focused on key efforts like reaccelerating top-line growth, improving the operating expenses line, and running a more focused R&D function.