Exceeding Revenue and Guidance
Revenue was $142.4 million, exceeding guidance, driven by strong unified RPD and fiber product shipments and year-over-year growth in broadband rest of the world.
Strategic Partnerships
Expanded partnership with Charter to extend virtualized broadband platform, including DOCSIS 4.0, showcasing leadership in next-generation architectures.
Broadband Segment Performance
Broadband revenue reached $90.5 million with a gross margin of 47.3%. Achieved 142 cOS deployments serving over 37 million cable modems and ONUs.
Fiber Business Growth
Strong quarter for fiber business with robust year-over-year growth and expanding collaboration with Comcast for network expansion.
Video Segment and SaaS Growth
Video segment revenue was $51.9 million, with SaaS streaming achieving record performance of $16.1 million in quarterly revenue.
Strong Financial Metrics
EPS was $0.12 and free cash flow was $21 million, with a significant increase in cash balance year-over-year.