Haivision Systems Inc. (HAI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. At this time, I would like to welcome everyone to the High Vision first quarter 2026 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Mirko Wicca, President and Chief Executive Officer. You may begin. Thank you, Jeannie. And thanks, everyone, on the call for joining us today to discuss our first quarter of 26, which ended on January 31st. We are now well into our two-year strategic plan as we continue to deliver the double-digit revenue growth we have been promising. Today, I'm very happy to report that we delivered a 25.1% revenue growth over Q1 of 2025. We also delivered an EBITDA growth of 369% over Q1 2025, both strong metrics and a great start to 2026. Our continued double-digit revenue growth is part of our long-term plan to bring us to 20% EBITDA. The focus this year and the next year is all about cementing the foundation for a long-term consistent high revenue growth. I believe we're in a good place right now and on the right path to deliver this long-term growth and value generation. We've always said that to achieve 20% plus EBITDA performance for the full year, we will need to be at scale somewhere around $160 million range. I believe we are very close to delivering on this targeted EBITDA and demonstrate the full earnings potential of Hivision. Now, 2026 is the year that will set us up for that 20% EBITDA performance in 2027. As mentioned previously, we have been investing in many n...