Conference Call Participants
Donangelo Volpe – Beacon Securities Limited, Research Division
Presentation
Operator
Good morning, everyone, and welcome to Geodrill’s Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] I would like to remind everyone that this conference call is being recorded today, August 10, 2026. Before we begin, certain statements made on today’s call by management may be forward-looking in nature and as such, are subject to various risks and uncertainties. Please refer to the company’s press release and MD&A for more details on these risks and uncertainties.
I will now turn the call over to Mr. Dave Harper, President and CEO of Geodrill. Please go ahead.
David Harper
President, CEO & Director
Good morning, everyone, and thank you for joining us today on the Q2 2026 results call. On the call with me today is Greg Borsk, our CFO, who will be discussing the financials shortly. So, let’s get started.
The second quarter was a tale of 2 outcomes. We delivered record revenue and continued to see strong demand across our markets. However, this did not translate into the levels of profitability that we expect in the business. Starting with the positives. Okay. So we delivered the highest quarterly revenue in Geodrill’s history at [Technical Difficulty]
Operator
I’m really sorry, Dave, your line sounds really garbled.
Gregory Borsk
Chief Financial Officer
Yes. Maybe — is it okay if I just continue this for Dave because, Jenny?
David Harper
President, CEO & Director
I’m really sorry, Greg.
Gregory Borsk
Chief Financial Officer
Okay. Let me get it. So over the past several years, drilling contractors have operated