The analyst said he also thinks the headcount reduction is unnecessary if a sale was imminent and the move may impact topline performance
The favorable topline performance
was driven both by increases in sales volume and higher average selling prices across all business units.
Tyco Retail Solutions has an unmatched number of data capture devices in retail stores to provide insights on shoppers, inventory and loss -- critical for enhancing topline performance
and the customer experience.
Holmes also presented topline performance
results for the miniLab platform and results on the performance of capillary blood samples on a sampling of assays on the miniLab.
We achieved a solid overall topline performance
in the quarter with 7% growth in non-IFRS software and software-related service revenue.
Management attributed the strong topline performance
to increased customer traffic resulting from an improved economic climate and product cost inflation.
President and CEO Vic Alston stated, "We are disappointed with our topline performance
this quarter, which was impacted by several factors, including lower than expected revenue from network equipment manufacturers and certain service providers as customers extended review cycles and certain large deals that were pushed into future quarters.
2011 was the first year since the recession where the Caribbean's hotel industry posted positive growth in all three major topline performance
indicators," said Scott Smith, senior VP of PKFC.
53 million on back of improved topline performance
retailers, its proforma topline performance
was still better than that of O'Key due to better execution.
1% topline decline reflects lower revenue from our Consumer business with continued healthy topline performance
in the Pet business.
The topline performance
still exceeded Wall Street's estimate, since analysts had expected revenue of $17.