Harmonic ( (HLIT) ) has released its Q2 earnings. Here is a breakdown of the information Harmonic presented to its investors.
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Harmonic Inc. (NASDAQ: HLIT) is a leading provider of virtualized broadband and video delivery solutions, enabling media companies and service providers to deliver high-quality video streaming and broadcast services globally. The company is recognized for its innovative cloud and software platforms that simplify OTT video delivery and enhance broadband networking.
In its second quarter of 2025 earnings report, Harmonic Inc. announced that it exceeded the upper end of its revenue and profitability guidance for both its Broadband and Video segments. The company reported a total revenue of $138.0 million, a slight decrease from the previous year’s $138.7 million, but showed improved profitability metrics.
Key financial highlights include a GAAP net income of $2.9 million and a Non-GAAP net income of $10.3 million, both showing significant improvement from the previous year’s losses. The Video segment saw a revenue increase to $51.1 million, while the Broadband segment experienced a slight decline to $86.9 million. The company also reported a strong cash position of $123.9 million and repurchased 1.6 million shares of common stock.
Strategically, Harmonic made advancements with its cOS solution, now commercially deployed with 136 customers, and introduced the SeaStar Optical Node to enhance broadband connectivity. The company also achieved record-breaking DOCSIS 4.0 demonstration speeds and saw significant growth in its Video SaaS revenue, particularly in sports streaming.
Looking ahead, Harmonic’s management anticipates continued momentum in the Video segment and moderate Broadband upgrade activities. The company expects positive developments in customer ramp readiness and Unified DOCSIS 4.0 progress, which could provide favorable conditions in 2026.