The earnings call reflected a strong performance in video and fiber segments, with a strategic focus on fiber and innovative product launches. However, challenges in the broadband segment and uncertainties regarding tariffs and customer CapEx plans pose potential risks. The company remains optimistic about future growth, particularly in 2026.

Company Guidance -

Q3 2025

During the Harmonic Second Quarter 2025 Earnings Conference Call, the company reported robust financial performance, surpassing guidance in both its Broadband and Video segments. Revenue reached $138 million, driven by record fiber revenue and significant growth in Broadband and SaaS streaming. The company repurchased $14 million of common shares, increasing total repurchases under the current program to $50.1 million. Harmonic ended the quarter with a backlog and deferred revenue of $504.5 million, reflecting sustained customer demand. Broadband revenue was $86.9 million with a gross margin of 46.5%, while the Video segment contributed $51.1 million in revenue, including a record $15.4 million from SaaS streaming. Despite minimal tariff impact this quarter, the company remains cautious due to the uncertain global trade environment. Looking ahead, Harmonic anticipates revenue growth to resume in 2026, supported by the adoption of Unified DOCSIS 4.0, recent customer wins, and accelerated customer deployments.

Record Fiber Revenue

The company achieved record fiber revenue in the second quarter, driven by both existing customers and new customer wins. This was highlighted by the introduction of the SeaStar optical node and a high-profile showcase with Vodafone.

Strong Video Segment Performance

The Video segment delivered $51.1 million in revenue, reflecting an 11.6% year-over-year increase, with a record $15.4 million in SaaS streaming revenue driven by live sports streaming.

Successful Capital Return to Shareholders

Harmonic repurchased an additional $14 million of outstanding common shares, bringing total repurchases under the current program to $50.1 million.

Positive Free Cash Flow

Despite challenges, the company maintained a strong cash position of $123.9 million, a notable increase of $78 million versus the same quarter a year ago.

Growth in Broadband 'Rest of World' Revenue

The Broadband 'Rest of World' segment showed significant growth, contributing to the diversification of the company's revenue streams.

Harmonic (HLIT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HLIT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.05 / -	0.26	―	―	―
Jul 28, 2025	2025 (Q2)	0.02 / 0.09	0.08	12.50% (<+0.01)
Apr 28, 2025	2025 (Q1)	0.05 / 0.11	0	―
Feb 10, 2025	2024 (Q4)	0.37 / 0.45	0.13	246.15% (+0.32)
Oct 28, 2024	2024 (Q3)	0.24 / 0.26	0	―
Jul 29, 2024	2024 (Q2)	0.04 / 0.08	0.12	-33.33% (-0.04)
Apr 29, 2024	2024 (Q1)	>-0.01 / 0.00	0.12	―
Jan 29, 2024	2023 (Q4)	0.10 / 0.13	0.17	-23.53% (-0.04)
Oct 30, 2023	2023 (Q3)	<0.01 / 0.00	0.13	―
Jul 31, 2023	2023 (Q2)	0.13 / 0.12	0.16	-25.00% (-0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HLIT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$9.14	$8.72	-4.60%
Apr 28, 2025	$9.31	$9.43	+1.29%
Feb 10, 2025	$11.12	$9.42	-15.29%
Oct 28, 2024	$14.82	$11.10	-25.10%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Harmonic (HLIT) report earnings?

Harmonic (HLIT) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Harmonic (HLIT) earnings time?

Harmonic (HLIT) earnings time is at Nov 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HLIT EPS forecast?

HLIT EPS forecast for the fiscal quarter 2025 (Q3) is 0.05.

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