The earnings call presented a strong performance in revenue and strategic advancements across both Broadband and Video segments. Despite uncertainties in global trade and tariffs, the company's innovative solutions and record achievements in fiber and video have set a positive outlook for future growth. However, challenges like slower broadband upgrades and negative free cash flow slightly tempered the optimism.

Company Guidance

During the Second Quarter 2025 Harmonic Earnings Conference Call, the company reported revenue of $138 million, surpassing their guidance. This was driven by a record quarter in fiber, significant growth in the Broadband rest of world segment, and strong performance in both appliances and SaaS streaming. The Broadband segment reported revenue of $86.9 million with a gross margin of 46.5%, while the Video segment brought in $51.1 million in revenue, achieving a gross margin of 67%. The company closed the quarter with a backlog and deferred revenue of $504.5 million. Despite minimal impact from tariffs this quarter, potential future impacts remain uncertain. Harmonic anticipates revenue growth to resume in 2026, bolstered by Unified DOCSIS 4.0 adoption and recent customer wins. During the quarter, they repurchased $14 million of common shares, bringing total repurchases under the current program to $50.1 million. Looking ahead, they expect Q3 Broadband revenue between $75 million to $85 million and Video revenue between $45 million to $50 million.

Strong Revenue and Growth Exceeding Guidance

Revenue for the quarter reached $138 million, driven by record fiber performance and year-over-year growth in Broadband and Video segments. This exceeded the company's guidance.

Successful Share Repurchase Program

The company returned capital to shareholders by repurchasing an additional $14 million of outstanding common shares, bringing total repurchases under the current program to $50.1 million.

Record Fiber Revenue and New Product Launch

The company delivered record fiber revenue and launched the SeaStar optical node for MDUs, enhancing deployment options for operators.

Innovative Advancements in Broadband

Harmonic showcased a 14 gigabit per second throughput on Unified DOCSIS 4.0 and introduced a new PTP-less timing solution, enhancing network efficiency.

Strong Video Segment Performance

The Video segment delivered $51.1 million in revenue, with SaaS streaming business reaching a record $15.4 million, driven by live sports streaming expansion.

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

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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 Inc. (HLIT) report earnings?

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

What is Harmonic Inc. (HLIT) earnings time?

Harmonic Inc. (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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