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Harmonic guides for higher profit in Q4 after in-line but lower Q2

Tuesday 4 August 2020 | 14:12 CET | News
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Harmonic reported revenues in for the second quarter in line with expectations, though still down 12.8 percent from the year before to USD 74.0 million, with the 4.3 percent gains at SaaS and service and 100 percent jump at cable access unable to offset the sharp decline at appliances and integration. Going ahead, the company expects to move back to profit in the fourth quarter.

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Categories: Broadcast & Satellite / Broadcast & Satellite
Companies: Harmonic
Countries: World
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