Evertz Technologies Limited (ET:CA) Q2 2026 Earnings Call Transcript
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SA Transcripts157.31K FollowersFollow5ShareSaveCommentsQ2: 2025-12-10 Earnings SummaryPlay CallPlay CallEPS of $0.24 beats by $0.06 | Revenue of $132.74M (5.97% Y/Y) beats by $7.10M Evertz Technologies Limited (ET:CA) Q2 2026 Earnings Call December 10, 2025 5:00 PM EST Company Participants Brian Campbell - Executive Vice-President of Business DevelopmentDoug Moore - CFO & Secretary Conference Call Participants Thanos Moschopoulos - BMO Capital Markets Equity ResearchRobert Young - Canaccord Genuity Corp., Research DivisionPaul Treiber - RBC Capital Markets, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Evertz Q2 of Fiscal 2026 Conference Call. [Operator Instructions] I would now like to turn the conference over to Brian Campbell, Executive Vice President of Business Development. Thank you. Please go ahead. Brian CampbellExecutive Vice-President of Business Development Thank you, Ina. Good afternoon, everyone, and welcome to Evertz Technologies conference call for our fiscal 2026 second quarter ended October 31, 2025, with Doug Moore, Evertz' Chief Financial Officer; and myself, Brian Campbell. Please note that our financial press release and MD&A will be available on SEDAR and on the company's investor website. Doug and I will comment on the financial results and then open the call to your questions. Turning now to Evertz' results. I will begin by providing a few highlights, and then Doug and I will provide additional detail. First off, sales for the second quarter totaled $132.7 million, up 18.4% sequentially from the prior quarter and revenue in the U.S./Canada region was $98.5 million, up 24% sequentially. Reoccurring software, services and other software revenue totaled $60.7 million in the quarter, an increase of 17.6% sequentially from the prior quarter. Our sales base is well diversified with the top 10 customers accounting for approximately 53% of sales during the quarter with no single customer accounting for more than 16% of sales. In fact, we had 98 customer orders of over $200,000 in the quarter. Gross margin in the quarter was $77.8 Recommended For You