05:53 PM EDT, 04/28/2025 (MT Newswires) -- Harmonic (HLIT) reported Q1 non-GAAP earnings late Monday of $0.11 per share, compared with breakeven a year earlier.

Analysts polled by FactSet expected $0.09.

Net revenue for the quarter ended March 28 was $133.1 million, up from $122.1 million a year earlier. Analysts surveyed by FactSet expected $128 million.

For Q2, the company expects non-GAAP EPS of $0.00 to $0.04 on revenue between $120 million to $135 million. Analysts expect $0.09 on revenue of $128 million.