Haivision Systems Inc. (HAI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you all for standing by. At this time, I would like to welcome everyone to the High Vision second 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, please press star one to raise your hand. To withdraw your question, press star one again. I would now like to turn the call over to Mirko Wicca, President, CEO, and Chairman. You may now begin. Thank you, Tracy. Good morning, everyone, and thank you for joining us for our earnings call to discuss the second quarter of fiscal 26, which ended in April 30th. Our second quarter unfolded against one of the most complex global operating environments we've seen in recent years. In heightened geopolitical tensions, including the conflict in the Middle East, ongoing supply chain volatility, component availability challenges, And customer procurement delays have created uncertainty across many of the markets we serve. As a result, some customer programs and capital spending decisions have shifted to the right, impacting the timing of some revenue recognition. Now, while these short-term headwinds have affected our near-term performance, they have not altered the underlying fundamentals of our business or the long-term demand drivers for our technology. In fact, we believe the secular trends supporting our company are stronger than ever. The increasing need for defense and intelligence capabilities, public safety modernization, critical infrastructure protection, cybersecurity resilience, enterprise security, and government digital transformation continues to create significant opportunities for our solutions worldwide. Our customers' missions have not changed. Their prio...