Harmonic Inc. reported earnings results for the first quarter ended March 29, 2024. For the first quarter, the company reported revenue was USD 122.06 million compared to USD 157.65 million a year ago. Net loss was USD 8.09 million compared to net income of USD 5.09 million a year ago.

Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.