May 08, 2018 • 11:00 am ET



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Patrick E. Bowe

initiatives, we're targeting an additional $7.5 million of pretax run rate savings by the end of 2018 after surpassing our $20 million goal one-year ahead of schedule. I'm very proud of our team, their efforts here and we are hard at work on various fronts to help optimize the performance of our business. While our first quarter results were not as strong as we anticipated and were impacted by some non-recurring expenses, our year-over-year performance has improved. We continue to focus on productivity and improving execution to drive better results for 2018.

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