Haivision Systems Inc. (HAI) Q2 2025 Earnings Call

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WEBVTT 00:00:01.499 -- 00:00:05.746 Ladies and gentlemen, thank you for standing by my name is abby and I will be your conference 00:00:05.746 -- 00:00:10.634 operator today at this time, I would like to welcome everyone to the high vision second 00:00:10.634 -- 00:00:15.683 quarter 2025 earnings call. All lines have been placed on mute 00:00:15.683 -- 00:00:20.250 to prevent any background noise after the speakers remarks, there will be a question 00:00:20.250 -- 00:00:24.998 and answer session. If you would like to ask a question during that time simply press 00:00:24.998 -- 00:00:28.634 star followed by the number one on your telephone keypad. 00:00:28.634 -- 00:00:33.259 If you would like to withdraw your question, press star one a second time. 00:00:33.259 -- 00:00:38.225 Thank you. And I would now like to turn the conference over to Mirko Wicca, President 00:00:38.225 -- 00:00:41.428 and CEO. You may begin. 00:00:41.428 -- 00:00:45.753 Thank you, Abby. And thank you everyone on the call for joining us today to discuss our 00:00:45.753 -- 00:00:51.900 second quarter of our fiscal year 2025, which ended on April 00:00:51.900 -- 00:00:53.422 30th. 00:00:53.422 -- 00:00:58.541 As mentioned in our last earnings call back in January, We are now well into 00:00:58.541 -- 00:01:04.087 our two-year strategic plan. We shall complete our overall business transformation 00:01:04.087 -- 00:01:08.651 and return high vision to the double-digit revenue growth we have seen in the past. 00:01:08.651 -- 00:01:13.736 We'll also return us to our long-term CAGR growth rate of between 15% and 00:01:13.736 -- 00:01:15.958 20% per year. 00:01:15.958 -- 00:01:18.541 Now, we have completed our operational efficiency model. 00:01:18.541 -- 00:01:23.706 I have a solid handle on the cost st...