Operator

Thank you for standing by, and welcome to Napatech's First Quarter 2026 Interim Management Statement. [Operator Instructions]. And finally, I would like to advise all participants that this call is being recorded. I'd now like to welcome Klaus Skorrup, CFO, to begin the conference. Klaus, over to you.

Klaus Skovrup
CFO & Member of the Executive Board

Good morning. I'm Klaus Skovrup, CFO of Napatech. I am pleased to welcome you all to Napatech's presentation for the first quarter of 2026. Joining me today is our CEO, Kartik Srinivasan. Our first quarter 2026 report was released earlier this morning on the Oslo Stock Exchange and is also available on the Investor Relations section of the Napatech website.

For your information, a recording of this webcast will be available later today. There will be a question-and-answer session following the presentation

Please note that this presentation contains forward-looking statements that are subject to risks and uncertainties. Our actual results may differ from those discussed in forward-looking statements. For further information on risk factors, please see company announcement and the slides prepared for this presentation. With that, over to you, Kartik.

Kartik Srinivasan
CEO & Member of the Executive Board

Thank you, Klaus, and hello, everyone. Let me start with a brief summary of the quarter. We saw continued strengthening in our financial performance and early signs of demand recovery in the core infrastructure market, supported by disciplined execution across the business. At the same time, we are seeing