secwatch / observer
8-K filed January 30, 2023, 6:59 PM ET ticker HLIT CIK 0000851310
earnings confidence high sentiment positive materiality 0.75

Harmonic Q4 revenue $164.3M record; Broadband up 38% YoY, Video SaaS up 51%

HARMONIC INC.

2022-FY EPS reported $0.25 revenue$624,957,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HARMONIC INC. reported the fourth quarter ended December 31, 2022 results: revenue $164.3 million, net income GAAP net income $6.1 million, EPS GAAP net income per share of $0.05.

Period
the fourth quarter ended December 31, 2022
Revenue
$164.3 million
Net income
GAAP net income $6.1 million
EPS
GAAP net income per share of $0.05
Result
preliminary results
Exact text from the filing
• Revenue: $164.3 million, up 5.5% year over year ◦ Broadband segment revenue: $96.0 million, up 37.7% year over year ◦ Video segment revenue: $68.3 million, down 20.7% year over year • Gross margin: GAAP 52.1% and non-GAAP 52.7%, compared to GAAP 50.0% and non-GAAP 50.5% in the year ago period ◦ Broadband segment gross margin: 47.6% compared to 40.3% in the year ago period ◦ Video segment gross margin: 59.9% compared to 58.8% in the year ago period • Operating income: GAAP income $16.5 million and non-GAAP income $23.7 million, compared to GAAP income $15.1 million and non-GAAP income $20.6 million in the year ago period • Net income: GAAP net income $6.1 million and non-GAAP net income of $19.9 million, compared to GAAP net income $19.9 million and non-GAAP net income $17.6 million in the year ago period • Adjusted EBITDA: $26.6 million income compared to $23.8 million income in the year ago period • EPS: GAAP net income per share of $0.05 and non-GAAP net income per share of $0.17,
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Source: SEC EDGAR
accession 0000851310-23-000005
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