secwatch.observer — SEC 8-K summary
======================================

Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0000851310-22-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- Revenue $155.7M, up 23% YoY; Broadband segment $91.9M (+60% YoY); Video SaaS revenue up 64% YoY.
- GAAP net income $8.7M, non-GAAP $14.9M; GAAP EPS $0.08, non-GAAP EPS $0.13.
- Broadband segment gross margin 45.0% vs 42.0%; CableOS customers 85 (+25% YoY), modems served 10.9M (+179% YoY).
- Backlog and deferred revenue $490.1M, up from $333.3M YoY; bookings $171.1M, up 50% YoY.
- Cash $105.3M, down from $128.4M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131022000059/0000851310-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131022000059/hlit-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000851310-22-000059

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