Loading...
Loading...
PT
PTIX, a leading
global provider of advanced, high availability network communications
solutions, today announced it is sharpening its strategic focus and refining
its business vision. This multi-faceted initiative involves concentrating on
two product families, transitioning away from other product portfolio
elements, and operational expense reductions.
With regard to this initiative, John Slusser, PT president and CEO commented,
"Our announcement today reflects the next phase of our business' evolution
resulting from our detailed analysis of our core competencies and review of
our extensive product portfolio. Given the challenging global economic climate
and dynamics in the vertical markets we serve, we have narrowed our product
portfolio scope and have identified the primary forward-looking market
opportunities that we believe will solidly position our Company for future
growth.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in