F Secure Oyj (FSROF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:05.934 Good afternoon and welcome to F-Secure's Q2 2026 result webcast. 00:00:05.934 -- 00:00:11.037 I'm Tiia Tikkonen from F-Secure's Investor Relations and I'm joined here by our 00:00:11.037 -- 00:00:16.960 CEO Timo Laaksonen and CFO Robin Pulkkinen who will give you a presentation 00:00:16.960 -- 00:00:21.943 on the key highlights and financial development over the past quarter. 00:00:21.943 -- 00:00:27.067 After their presentation, there's time for you to ask questions and you can already 00:00:27.067 -- 00:00:31.250 post them in the webcast tool and you live here in Helsinki. 00:00:31.250 -- 00:00:36.033 If you have a question, just raise your hand and we'll bring you a microphone. 00:00:36.054 -- 00:00:41.397 But with that, without further ado, Timo, the stage is yours. 00:00:46.356 -- 00:00:51.438 Welcome also on my behalf. Thanks for taking the time to join us on this beautiful 00:00:51.438 -- 00:00:57.080 Finnish summer's day, both here in the room as well as online, 00:00:57.080 -- 00:01:02.422 wherever you may be. So our header says the most important 00:01:02.422 -- 00:01:07.543 thing from our strategic point of view. We saw strong growth in the second 00:01:07.543 -- 00:01:11.145 quarter, thanks to our embedded business doing well. 00:01:11.145 -- 00:01:13.785 Let's get to the details. 00:01:13.821 -- 00:01:19.205 So our currency neutral growth was roughly 10% 00:01:19.205 -- 00:01:23.828 and that was driven by the good development in the embedded security business, especially 00:01:23.828 -- 00:01:29.072 within the tier one segment. I'll get to more details in a moment. 00:01:29.072 -- 00:01:32.234 Our reported revenue 00:01:32.234 -- 00:01:34.875 was 39.8 million. 00:01:35.913 -- 00:01:42.216 some headwinds there with US d...