Strategic Focus on New Product Introduction and Customer Qualification
The company is actively working on new product introduction (NPI) and component qualifications with major customers, aiming to enhance margins and support future growth.
Recent awards in the Czech Republic are expected to generate incremental revenue in Q4, indicating a focus on expanding manufacturing footprint.
Fluid Solutions components are being integrated into existing subsystems, which will not increase revenue but will improve margin profiles starting early 2026.
Strategic alignment between product and Fluid Solutions groups is aimed at prioritizing customer qualifications, which will support new business and margin improvements.
The company is investing in final system integrations, including SAP implementation, to streamline operations and improve efficiency across acquired units.
These initiatives are designed to capture additional value and operational alignment, supporting long-term competitiveness.
Strategic Focus on Public Sector Software Post-Healthcare Divestiture
The company has divested two major businesses in the past 12 months, including healthcare RCM and merchant services, to concentrate on core public sector offerings.
This strategic realignment aims to enhance product development, customer service, and market penetration within government markets.
Management highlighted that all subverticals, including education, utilities, transportation, and justice tech, are firing on all cylinders, indicating a successful strategic refocus.
Dafinchi