secwatch / observer
8-K filed October 31, 2022, 7:59 PM ET ticker HLIT CIK 0000851310
earnings confidence high sentiment positive materiality 0.75

Harmonic Q3 2022 revenue up 23% YoY to $155.7M; EPS $0.08 GAAP / $0.13 non-GAAP

HARMONIC INC.

2022-Q3 EPS reported $0.20 revenue$460,623,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARMONIC INC. reported the quarter ended September 30, 2022 results: revenue $155.7 million, net income $8.7 million, EPS $0.08.

Period
the quarter ended September 30, 2022
Revenue
$155.7 million
Net income
$8.7 million
EPS
$0.08
Result
preliminary results
Exact text from the filing
Financial • Revenue: $155.7 million, up 23% year over year ◦ Broadband segment revenue: $91.9 million, up 60% year over year ◦ Video segment revenue: $63.8 million, down 7% year over year • Gross margin: GAAP 50.5% and non-GAAP 50.9%, compared to GAAP 52.4% and non-GAAP 52.8% in the year ago period ◦ Broadband segment gross margin: 45.0% compared to 42.0% in the year ago period ◦ Video segment gross margin: 59.3% compared to 61.9% in the year ago period • Operating income: GAAP income $11.4 million and non-GAAP income $18.2 million, compared to GAAP income $5.4 million and non-GAAP income $11.8 million in the year ago period • Net income: GAAP net income $8.7 million and non-GAAP net income of $14.9 million, compared to GAAP net income $1.5 million and non-GAAP net income $9.5 million in the year ago period • Adjusted EBITDA: $21.2 million income compared to $14.8 million income in the year ago period • EPS: GAAP net income per share of $0.08 and non-GAAP net income per share of $0.13,
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Source: SEC EDGAR
accession 0000851310-22-000059
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