Voice-over-Internet-protocol rollouts propelled Arris Group Inc.’s second-quarter earnings into the black, with the company posting net income of $7.3 million on revenue of $162.2 million.
In the year-earlier period, Arris reported a net loss of $5.4 million on revenue of $120.5 million.
The company said it shipped 567,000 E-MTAs (embedded multimedia-terminal adapters) in the second quarter, compared with 334,000 in the first quarter and 30,000 units a year ago. Revenue in that division jumped from $66.2 million in the first quarter to $91 million in the second.
Chairman and CEO Bob Stanzione said increased competition is causing broadband companies to accelerate spending. “New technology approaches such as packet bonding for higher-speed data-transmission rates and the wide acceptance of VoIP-service offerings are both creating and sustaining demand for innovative Arris products,” he said in a prepared statement.