07:16 AM EST, 02/07/2025 (MT Newswires) -- Vecima Networks ( VNWTF ) overnight Thursday said it expects to report second-quarter revenue of $71.2 million and a loss per share of $0.32 when it releases results on Feb. 13.

Results will reflect adjustments in the timing of some of its customers' cable and fiber upgrades, costs associated with job cuts, and a temporary shift in product mix, the company said.

"We...moved forward decisively with cost reductions to better align our teams and program investments with customer needs and to enhance operating efficiency going forward," said Sumit Kumar, president and chief executive officer. "Our workforce restructuring initiatives, while resulting in one-time costs that impacted Q2 results, are expected to deliver ongoing annualized cash savings of approximately $17.5 million."

With about 90% of sales in the U.S., half of which could potentially be exposed to tariffs, Vecima said it is working to mitigate potential risks.