---
schema_version: "secwatch.filing_event.v1"
accession: "0000851310-23-000040"
form_type: "8-K"
ticker: "HLIT"
cik: "0000851310"
company_name: "HARMONIC INC."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T15:10:43.476405+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Harmonic Q1 2023 revenue up 7% YoY to $157.6M; broadband up 23%, Video SaaS up 72%

## Summary
- Net revenue $157.6M (+7% YoY); GAAP net income $5.1M vs loss of $1.5M YoY.
- Broadband segment revenue $100.4M (+23% YoY); Video segment $57.3M (-13%).
- Non-GAAP EPS $0.12 vs $0.08 YoY; Adjusted EBITDA $21.4M vs $14.5M.
- CableOS deployed with 94 customers serving 18.4M modems; record new SaaS commitments.
- Bookings $325.5M, backlog and deferred revenue $623.5M.

## SEC filing metadata
- accession: 0000851310-23-000040
- form_type: 8-K
- ticker: HLIT
- cik: 0000851310
- company_name: HARMONIC INC.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851310/000085131023000040/0000851310-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851310/000085131023000040/hlit-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000851310-23-000040
- JSON: https://secwatch.observer/filing/0000851310-23-000040.json
- Plain text: https://secwatch.observer/filing/0000851310-23-000040.txt

## Key facts
- Earnings Releases
  HARMONIC INC. reported first quarter of 2023 results: revenue $157.6 million, net income GAAP net income $5.1 million, EPS $0.04.
  - Period: first quarter of 2023
  - Revenue: $157.6 million
  - Net income: GAAP net income $5.1 million
  - EPS: $0.04
  - Result: preliminary results
  source text: Revenue: $157.6 million, up 7% year over year ◦ Broadband segment revenue: $100.4 million, up 23% year over year ◦ Video segment revenue: $57.3 million, down 13% year over year • Gross margin: GAAP 53.3% and non-GAAP 53.9%, compared to GAAP 46.9% and non-GAAP 47.3% in the year ago period ◦ Broadband segment gross margin: 50.1% compared to 38.0% in the year ago period ◦ Video segment gross margin: 60.4% compared to 58.8% in the year ago period • Operating income: GAAP income $11.2 million and non-GAAP income $18.7 million, compared to GAAP income $2.5 million and non-GAAP income $11.3 million in the year ago period • Net income: GAAP net income $5.1 million and non-GAAP net income of $14.3 million, compared to GAAP net loss $1.5 million and non-GAAP net income $8.9 million in the year ago period • Adjusted EBITDA: $21.4 million income compared to $14.5 million income in the year ago period • EPS: GAAP net income per share of $0.04 and non-GAAP net income per share of $0.12, compared to
  evidence_url: https://www.sec.gov/Archives/edgar/data/851310/000085131023000040/0000851310-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
