Continued softness in European automotive and high-tech/telecom
Management noted that European automotive remains slow, and high-tech/telecom sectors have not shown improvement.
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Management noted that European automotive remains slow, and high-tech/telecom sectors have not shown improvement.
CFO Jayesh Sanghrajka confirmed that compensation increases will create margin headwinds in Q4 and Q1, though exact impact not quantified.
Multiple class-action lawsuits have been filed related to the McCamish incident; mediation is underway. Business impact not disclosed.
Management acknowledged that Q4 typically sees seasonal weakness, which could affect sequential revenue growth.