Harmonic reports Q4 non-GAAP EPS 45c, consensus 37c

Reports Q4 revenue $222.2M, consensus $212.45M. “Harmonic (HLIT) achieved record quarterly total company revenue and Adjusted EBITDA, with both Broadband and Video revenue exceeding expectations,” said Nimrod Ben-Natan, president and CEO of Harmonic. “The strong performance in Broadband demonstrates our ability to scale to our customers’ needs and our technology leadership has never been stronger, leaving us well-positioned to take advantage of expected long-term growth in broadband DOCSIS 4.0 and Fiber.”