Haivision Systems Inc. (HAI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by my name is abby and I will be your conference operator today at this time, I would like to welcome everyone to the high vision second quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise after the speakers remarks, there will be a question and answer session. If you would like to ask a question during that time simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one a second time. Thank you. And I would now like to turn the conference over to Mirko Wicca, President and CEO. You may begin. Thank you, Abby. And thank you everyone on the call for joining us today to discuss our second quarter of our fiscal year 2025, which ended on April 30th. As mentioned in our last earnings call back in January, We are now well into our two-year strategic plan. We shall complete our overall business transformation and return high vision to the double-digit revenue growth we have seen in the past. We'll also return us to our long-term CAGR growth rate of between 15% and 20% per year. Now, we have completed our operational efficiency model. I have a solid handle on the cost structure, gross margins, EBITDA, and cash generation. Now, the focus now is all about building high revenue growth. As mentioned back in January as well, we have seen the bottom of the revenue curve back in Q1. Our key fundamental business model for the controller market, which was the move away from being an integrator to manufacturer, is complete. We are seeing a solid increase in our long-term sales pipeline. Our business forecast is compelling. And we are seeing strong orders and revenue increase in the overall global controller market, not just in ...