Heico Corporation (HEI.A) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.058 Welcome to the HICO Corporation second quarter 2026 financial results 00:00:05.058 -- 00:00:10.345 call. My name is Samara, and I will be your operator for today's call. 00:00:10.345 -- 00:00:14.851 Certain statements in this conference call will constitute forward-looking statements, 00:00:14.851 -- 00:00:18.856 which are subject to risks, uncertainties, and contingencies. 00:00:18.856 -- 00:00:23.963 HICO's actual results may differ materially from those expressed in or implied by those 00:00:23.963 -- 00:00:26.286 forward-looking statements. 00:00:26.286 -- 00:00:31.463 Factors that could cause such differences include, among others, the severity, 00:00:31.463 -- 00:00:36.788 magnitude, and duration of public health threats, our liquidity and the amount and timing 00:00:36.788 -- 00:00:38.910 of cash generation, 00:00:38.910 -- 00:00:44.196 lower commercial air travel, airline fleet changes or airline purchasing decisions, 00:00:44.196 -- 00:00:47.699 which could cause lower demand for our goods and services, 00:00:47.699 -- 00:00:52.424 product specification costs and requirements, which could cause an increase in our costs 00:00:52.424 -- 00:00:57.709 to complete contracts, governmental and regulatory demands, export policies 00:00:57.709 -- 00:01:02.981 and restrictions, reductions in defense, space, or homeland security spending by 00:01:02.981 -- 00:01:08.388 U.S. and or foreign customers, or competition from existing and new competitors, 00:01:08.388 -- 00:01:11.052 which could reduce our sales, 00:01:11.052 -- 00:01:16.139 our ability to introduce new products and services at profitable pricing levels, which 00:01:16.139 -- 00:01:21.867 could reduce our sales or sales growth, product development or manufacturing difficult...