you. Thank
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and Tongue joining earnings Laboratories everyone in and call. you Blonder the XXXX thank morning, us for participating Good second quarter
company. I'm Officer and President the Ted Chief Grauch, of Executive
we we will will As forward-looking management's evolving prospects, including of statements remarks market. trends our this in contain be certain the subjects give discussing that our and view morning,
As predict. you know, the future is all but impossible to
of you that comments. Form that XXXX, XXXX which I file to or results quarter may Form ask those results caution first and We from our in we of you before our actual quarter refer prior issued on may XXXX. so August release and our quarter this our morning, second for XX-Q projected And materially XXXX, for press be XX-Q including to SEC our to would differ our anticipate XXXX, the filings filed Form for XX, XX-K and second the
cause factors remarks Chief include which follow discussing With of All Steve our mine we me Tongue the will the of and Laboratories; today Skolnik, focus the Vice Shea, this Senior Blonder could additional will to Eric and be morning. Board are Officer information Eric's concerning differ on from of information Chairman Financial that President. actual detailed and results will financial results.
answer all Following session. will that questions any to may of you our during available three Q&A presentations, be have the us
our portion lower details sales were by has digital in of have and Telecommunications video swiftness from numbers. global overall, business capital impact Operator XXXX, large and namely, as week same down segments and as year. company patterns of markets the incredibly of to significant of well been at and half disruption Eric slowdown the MDU But significantly we will the the buying in this first that decrease to year. February onset coming response Municipal global actively The market the on fast have in This several Cable the this to the last time. is our were delaying since technology a segment, last continued Both the review Service market QX, period provide their business of And products Fiber began we Skolnik COVID-XX and compared the these changes the upgrades. that the through the caused of working the For during serve, crisis been segment. disruption pandemic. serve locking to a or impact and Technology and in infrastructure customer's spending overall that end Hospitality our our
did our increase XXXX products otherwise During Equipment, CPE, modestly. the modem of in related the known same data as XXXX, two DOCSIS factors. was devices delivery period first half and as of with associated Consumer sales against as compared Premise and well This main endpoint increase
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crisis. year, January focused on several discussed the has the publicly completing the through of to managing major role heavily been I've company CEO this into several X moving As initiatives since current times in critical
in completing features concluding IP be we're new Next product a with digital video platform. video recently platforms. Generation a completed and view transcoding and derivatives number associated key processing encoding we Gateway, or And clear groundbreaking of functions our our few First, we'll remaining and NXG
and our and been our reorganizing focusing organization, U.S. marketing further research in operations we've streamlining the on implementing manufacturing segments strategies updated for development based company. Second, sales and
associated our breakeven monthly we running on long-term the and have are to discussed These improvements. the operating of savings are ensure expense the are efforts exceptional number with to structured we're operational has will cost and focus confident point. costs are of September. the further last situation. our with for portion The portion lower we levels savings yielded company COVID-XX of and to being intended expanded our working business significant company be efficiencies lowering in As business. that are these a current of quarter, the August has doing short-term larger additional expected associated areas yield been previously are and A and revenue continuing that a in on; further But
positive and enhanced and personal this I'm practices situation health of the hand our of that entire On employee as shared availability headquarters with location, a within of proactively in report distancing, topic to happy due well took the the back wellbeing with in cleaning COVID in our to our our spacing, disinfecting the factoring work we facilities, that our And and staff. single as least is educational in began information case. February instituting seriousness has cleaning changes and processes stations team part still believe report not workforce, had a company operations at the
be our of in home, companywide. call, capable performed we to work-from-home mentioned being had previously transitioned last done roles as from As many
on with or to still range need with as to back efficiencies has roles our of partial including more cannot now and when any the an closer those to and conclusion, Only markets, an recovery, hourly of an return the safe well those mind have level, roles We basis back more although of into that any In we transitioning the for begun very through watch felt both back interaction year possibility reduced eventualities is of a earnings in our end we our begun a develop. to will daily and other with as period things we extended the forecast full and roles. the expected Overall market on specific do it was a facilities, report headquarters even timeframes economic offices. working for portion staff a wide to or or recently quarterly transition activity specific have those situation for conservative increase to timeframes members the we our taking have our company a normal XXXX. for of as a prepared markets company so
Eric? the Next, I over call to will Skolnik, hand Officer. Financial our Chief Eric
