secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000851310-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131023000040/0000851310-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131023000040/hlit-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000851310-23-000040

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