The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Bill Zhang - Raymond James & Associates, Inc., Research Division - Analyst
: I wanted to start off with -- in discussion here. The 2 base station antennas from the Tier 1, do you guys have a timeline for that? Any additional
information, that will be great.
Question: Bill Zhang - Raymond James & Associates, Inc., Research Division - Analyst
: Okay. Yes. No, that's fair. And then given the pandemic, obviously, the timing around the MIMO project, I think that's uncertain. I know previously,
you mentioned a start in Q2 and production in the second half. Is it safe for us to assume that kind of line has been deferred at this point?
Question: Bill Zhang - Raymond James & Associates, Inc., Research Division - Analyst
: Yes. Certainly, a lot of the moving pieces. I understand you. And then just the last one for me. It's around your -- being impacted this quarter. So I
understand this is a special case, the $2 million of loss. Just wondering what the chances are? Or what is the usual ability for products that you work
on? I assume it's fairly high in most cases?
Question: Bill Zhang - Raymond James & Associates, Inc., Research Division - Analyst
: Right. So what is the usual sort of assessability rate for these products you work on. Because I know for this case, it wasn't sort of accepted for retail?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: I was curious about the robust order backlog that you mentioned in SATCOM. How is that going to impact the gross margin profile as you did to
sequential improvement for the balance of the year? Do you expect to get back to the 20% to 30% level that you've seen last year and above 30%
in years prior?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: And in the context of the customers who are showing demand for these products. Could you provide some color on kind of the evolution of those
LEO, GEO satellites that you're seeing on the front line?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. And lastly, around the infrastructure line, the product approval by the Tier 1 carrier. As you win contracts around your antenna lines and
around 5G build-outs. Could you help just describe the timing, when do we see the revenue? Is it a slow ramp into '22? What does that rollout look
like?
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