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Harmonic Inc. (HLIT)
NASDAQ:HLIT
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: -5.59%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Neutral
The earnings call showcased strong revenue and EBITDA growth, significant share repurchases, and achievements in customer diversification and fiber bookings. However, concerns about potential tariff impacts, broadband deployment delays, and uncertainties in full-year guidance were also highlighted.Company Guidance
During the first quarter of fiscal year 2025, Harmonic reported a revenue of $133 million, surpassing Video revenue expectations, and achieved an adjusted EBITDA of $21 million, both metrics exceeding previous outlooks. Operating cash flow was strong, increasing the cash balance to $149 million, even after $36 million was returned to shareholders through share repurchases. The company closed the quarter with a backlog and deferred revenue of $485 million. Revenue from the broadband segment was $84.9 million, marking a 7.6% growth year-over-year with a gross margin expansion to 55.5%. The Video segment posted a revenue of $48.3 million, an 11.8% increase year-over-year, with Video SaaS revenue contributing $14.8 million, up 15% year-over-year. Despite current tariff uncertainties, Harmonic remains confident in its long-term growth strategy, anticipating resumed revenue growth in 2026.Strong Revenue and EBITDA Growth
The company reported a revenue increase of 9% year-over-year to $133.1 million, with adjusted EBITDA of $21 million, both exceeding expectations.
Significant Share Repurchases
Harmonic returned $36 million to shareholders through share repurchases, contributing to a cash balance of $149 million at quarter-end.
Broadband Segment Growth
Broadband revenue reached $84.9 million, a 7.6% growth year-over-year, with gross margin expanding to 55.5%.
Video Segment Performance
Video revenue increased by 11.8% year-over-year to $48.3 million, with a gross margin of 66.4%, supported by appliance refresh deals and cost optimization.
Record Fiber Bookings
The company booked a record quarter for fiber, with three new pure fiber wins and eight expansion projects.
Successful Customer Diversification
Seven new logos were added, including a top-five North American MSO and a Tier 1 Latin American operator.
HLIT Earnings History
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 |
|---|---|---|---|
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% |
Jul 29, 2024 | $11.75 | $14.24 | +21.19% |
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 Aug 04, 2025, TBA Not Confirmed.
What is Harmonic Inc. (HLIT) earnings time?
Harmonic Inc. (HLIT) earnings time is at Aug 04, 2025, TBA Not 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 (Q2) is 0.02.