Operator
Thanks all for standing by. Right now, I want to welcome everybody to the Haivision Second Quarter 2026 Earnings Name. [Operator Instructions]
I’d now like to show the decision over to Mirko Wicha, President, CEO, and Chairman. Chances are you’ll now start.
Miroslav Wicha
Chairman, President & CEO
Thanks, Tracy. Good morning, everybody, and thanks for becoming a member of us for our earnings name to debate the second quarter of fiscal ’26, which ended on April 30. Our second quarter unfolded in opposition to probably the most advanced world working environments we have seen lately. Heightened geopolitical tensions, together with the battle within the Center East, ongoing provide chain volatility, element availability challenges, and buyer procurement delays have created uncertainty throughout lots of the markets we serve. Because of this, some buyer packages and capital spending choices have shifted to the proper, impacting the timing of some income recognition.
Now whereas these short-term headwinds have affected our near-term efficiency, they haven’t altered the underlying fundamentals of our enterprise or the long-term demand drivers for our expertise. In actual fact, we consider the secular traits supporting our firm are stronger than ever. The rising want for protection and intelligence capabilities, public security modernization, important infrastructure safety, cybersecurity resilience, enterprise safety and authorities digital transformation continues to create important alternatives for our options worldwide.
Our clients’ missions haven’t modified. Their priorities haven’t modified. In lots of respects, they’ve turn out to be much more important in in the present day’s geopolitical atmosphere. Subsequently, we stay targeted on executing
