Operational ChallengesThe company is currently facing several headwinds, including industry-specific challenges like tariffs and company-specific issues like the roll-off of contracts.
Product ChallengesThe recent SmartDose launch has resulted in negative gross margins, which management must address to achieve long-term revenue growth and margin targets.
Profit MarginsOperating profit margin contracted to 15.3% from 17.7%, impacted by restructuring charges and a shift in product mix away from higher-margin components.