Question · Q4 2024
James Tivy asked a granular question about gross margin drivers, referencing a prior mention of 'improved production efficiencies'. He specifically sought clarity on how investments, whether capital or human, and raw crystal yield improvements contribute to this efficiency.
Answer
Interim CEO Cameron Pforr confirmed that improving raw crystal yield is a core focus for the company because it represents a large portion of COGS. He stated that M-tron is dedicating resources, including consultants, new engineering talent, and investments in machinery, to drive these efficiencies. Pforr also added that the company is working to be more efficient in its inventory purchasing.
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MPTI's earnings beat/miss a week before the call