Harmonic Inc. announced its unaudited results for the second quarter of 2025, revealing net revenue of $138.0 million, slightly down from $138.7 million in the same period last year. Net income for the quarter was $2.9 million, a significant rebound from a net loss of $12.5 million in Q2 2024. Earnings per share improved from a loss of $0.11 in the previous year to a gain of $0.03 in Q2 2025. The company highlighted that both its Video and Broadband segments surpassed the high end of its profitability guidance. CEO Nimrod Ben-Natan noted continued momentum in the Video segment and anticipated moderate growth in Broadband upgrade activity through 2025, with expectations for positive developments in Unified DOCSIS 4.0 to benefit the company in 2026. For Q3 2025, Harmonic Inc. provided a GAAP financial guidance range, expecting net revenue to be between $120 million and $135 million, with a gross margin projected between 52.5% and 53.8%. The forecasted net income is anticipated to range from a loss of $4 million to breaking even.
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