Harmonic Q1 revenue up 32% YoY to $147.4M; Cable Access segment surges 98%

HARMONIC INC.

2022-Q1 EPS reported -$0.01 revenue$147,439,000

GAAP net loss $1.5M ($0.01 loss per share); non-GAAP net income $8.9M ($0.08 EPS).
Cable Access revenue $81.6M (+98% YoY); Video segment revenue $65.8M (-6% YoY).
Record backlog and deferred revenue $497.3M, up 81% year over year.
CableOS deployments scaled to 6.1M served modems, up 100% YoY; 77 customers (+45%).
Adjusted EBITDA $14.5M vs $9.1M in year-ago period; cash $100.7M flat.

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