In this week’s earnings webcast, CEO Thomas Honoré placed the cause on Columbus USA. It is not the market to blame. It is our own sales execution that failed in the second half of 2017,” he said during this week’s earnings webcast. U.S. revenue for the year ended December 31 fell to about $96.1 million.  Total revenue rose to about $201.8 million. After-tax profit rose to roughly $17.9 million, but after currency adjustments, profit dropped to approximately $14.2 million, down 12.2 percent over 2016 totals. Honoré  said there is new sales leadership in the U.S. and that 30 employees outside of revenue producing areas had been laid off. “We are beginning to see improvement,” he said, although the company does not expect the results to show on financial statements until the third quarter.