2024-02-12 14:03:27 ET
The financials of the company show a decrease in net sales for the year 2023 compared to 2022, primarily driven by declines in the Optical Communications, Life Sciences, and Hemlock and Emerging Growth Businesses segments. The cost of sales includes various expenses related to production and warehousing. Gross margin also decreased, but improvements were made throughout the year through actions taken by management to improve profitability. Management has undertaken key initiatives to drive growt ... Full story available on KlickAnalytics.com