Cameron Pforr
CFO & CEO

Good morning. This is Cameron Pforr, M-tron Industries CEO. Thank you for listening to our 2026 M-tron Q1 Earnings Call. Please note that this call has been recorded, and the recording will be available on our Investor Relations website, ir.mtron.com.

Yesterday afternoon, we released our earnings for the first fiscal quarter of 2026. Before getting underway, we're required to advise you that the following discussion should be taken in conjunction with our most recent financial statements and notes as contained within our 2025 10-K, which was filed on 26 March 2026 with the SEC.

This discussion may contain forward-looking statements within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements contain known and unknown risks and uncertainties, which are detailed in our filings with the SEC. Although the company believes that their forward-looking statements are based upon reasonable assumptions regarding its business and future market conditions, there are no assurances that the company's actual results will not differ materially from any results expressed or implied by the company's forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned that any forward-looking statements are not guarantees of future performance.

With that, I'll begin the comments on our fiscal year 2026 first quarter performance. As a reminder, M-tron designs and manufactures highly engineered RF solutions, including electronic components and subsystems used to control the frequency and timing of signals in electronic circuits. We're a global company with three manufacturing sites located in the United