secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0000851310-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131022000017/0000851310-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131022000017/hlit-20220502.htm
  HTML page:      https://secwatch.observer/filing/0000851310-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer