Harmonic Inc. provided earnings guidance for the fourth quarter and full year 2022. For the quarter, the company expects GAAP net revenue to be $151 million to $165 million, Operating income to be $11 million to $18 million and EPS to be $0.06 to $0.11. Net income – GAAP to be $7 million to $13 million.

For the year, the company expects GAAP net revenue to be $612 million to $626 million, Operating income to be $39 million to $48 million and EPS to be $0.26 to $0.31. Net income – GAAP to be $29 million to $35 million.