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Harmonic Q4 2023 Earnings Report

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$10.52 -0.13 (-1.22%)
As of 02/21/2025 04:00 PM Eastern

Harmonic EPS Results

Actual EPS
$0.13
Consensus EPS
$0.10
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.12

Harmonic Revenue Results

Actual Revenue
$167.10 million
Expected Revenue
$158.98 million
Beat/Miss
Beat by +$8.12 million
YoY Revenue Growth
+1.70%

Harmonic Announcement Details

Quarter
Q4 2023
Time
After Market Closes

Conference Call Resources

Harmonic Earnings Headlines

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About Harmonic

Harmonic (NASDAQ:HLIT), together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, catch-up TV, start-over TV, network-DVR and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

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