earnings
confidence high
sentiment neutral
materiality 0.70
Harmonic Q4 record revenue $155.8M (+18% YoY); non-GAAP EPS $0.16 vs $0.20 prior
HARMONIC INC.
2021-FY EPS reported
$0.12
revenue$507,149,000
- Revenue $155.8M record, +18% YoY; Cable Access $69.7M (+53%), Video flat at $86.1M.
- GAAP net income $19.9M ($0.18 EPS), non-GAAP $17.6M ($0.16 EPS) vs $20.0M ($0.20) YoY.
- Gross margin GAAP 50.0% (vs 54.4%); Cable Access gross margin fell to 40.3% from 53.7%.
- CableOS deployments 73 customers (+66%) and 4.8M modems (+82%); backlog & deferred revenue $441M (+52%).
- Cash $133.4M, up $34.8M YoY; adjusted EBITDA $23.8M vs $26.4M prior year.