Haivision Systems Inc (TSX:HAI)
C$ 5.85 0.07 (1.21%) Market Cap: 167.03 Mil Enterprise Value: 166.49 Mil PE Ratio: 34.41 PB Ratio: 1.75 GF Score: 78/100

Q2 2022 Haivision Systems Inc Earnings Call Transcript

Jun 15, 2022 / 09:30PM GMT
Release Date Price: C$5.52 (+2.03%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Haivision Systems second-quarter fiscal 2022 earnings call. (Operator Instructions)

Mirko Wicha, Chairman, CEO, and President, you may begin your conference.

Mirko Wicha
Haivision Systems Inc - President, CEO & Chairman

Thank you, Josh. Good afternoon, everyone. Thank you for joining us. I am excited to be back today to discuss our fiscal year 2022 Q2 results. If you noticed our results we just posted a little while ago, we announced earlier today demand for our products remained strong and our business fundamentals have never been stronger.

Now let me just start with the amazing Q2 revenue results: $29.9 million, which exceeded all previous quarters and represents a 36.8% growth over last year's Q2. I do want to remind everyone that this time last year, we had a very strong Q2 also. So to grow 36.8% over that quarter is an amazing back-to-back impressive financial result as we continue to deliver on our promise to increase topline growth, albeit the acquisitions, and

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