Matthew Raman's questions to ITI leadership • Q2 2024
Question
Asked about the gross margin outlook for the rest of the year and the progress on increasing internal labor capacity.
Answer
The sequential dip in product gross margin was due to product mix, and Q2 levels are a fair baseline going forward, with some fluctuations expected. On labor capacity, the company is about one-third of the way to its goal and on track, but acknowledges the market for specialized talent remains tight.