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: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Leighton and Dan, congrats on the improvement that we saw this quarter. My first question was around profitability. So you were able to stay
positive here. I was just wondering, is this kind of a new level for you or around this mark? Obviously, there's some moving parts to the business,
but how should we think about your ability to improve profitability or maintain it as you work through these macro challenges as well as just the
general business volatility?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. I appreciate that. And then in terms of the macro front, it sounds like there's a lot of tailwinds or just improvements as we kind of come out
of COVID across all divisions. So I was wondering in terms of -- you spoke a lot about innovation and continued evolving of the product. Are you
able to -- does this require incremental investment? Or are these kind of bolt-on-type things that you're able to add onto the current product suite
as it exists today?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: And maybe one for Dan just on the working capital front. So inventories, receivables, there are some moving parts here. But as you look to the
coming quarters, could you give us a sense of -- does the working capital position improve, stay at similar levels? How does it unfold?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. Thanks. And then the last one for me, Leighton, could you just comment on the infrastructure side? I mean it was great to see that spending
come back, and you guys seem to be in a position to benefit. Could you just comment on kind of anything regarding the customer dialogue that
you're having with 3 carriers? We saw that $700,000 deal signed press release. Just any color to give some context around the opportunity.
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay, great. Congrats again on the improvement and look forward to seeing more.
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