Re: I wonder what ever became of those gross and net margin improvements
But, you are missing MCT's point. Unrelated to revenue, there have been multiple reps made in earnings calls to events that would cause margin expansion, such as right sizing Mexico ops, a reduction in expenses (e.g., arbitration proceeds paying off debt and eliminating associated interest expense); or the elimination of drags on earnings (currency hedge debacle). All of these portended any where from an aggregate 6-10 cents per share improvement in bottom line numbers, but that has not come to fruition and as MCT has noted, no one seems to raise these issues again. Based on the representations, I for one was expecting KTCC to be near $.23-$.25 per share net income by now, but that clearly has not happened.