Harmonic reports Q4 non-GAAP EPS 14c, consensus 10c

Reports Q4 revenue $157.3M, consensus $140.98M. “We ended the year with extremely strong quarterly bookings across our Broadband business,” said Nimrod Ben-Natan, CEO. “These bookings drove a 3.5 book-to-bill for the quarter and a substantial year-over-year increase in backlog, which significantly improves our visibility for 2026. We expect this momentum, combined with Unified DOCSIS 4.0 ramps, large customer deployment plans and Rest-of-World accelerated adoption, will contribute to strong Broadband revenue growth this year. Furthermore, the Video business, presented as discontinued operations, exceeded both revenue and profitability expectations for the quarter. The planned sale of this business remains on track to close in the second quarter, which will further support our capital allocation priorities.”