---
schema_version: "secwatch.filing_event.v1"
accession: "0000851310-23-000065"
form_type: "8-K"
ticker: "HLIT"
cik: "0000851310"
company_name: "HARMONIC INC."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:38:20.664666+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Harmonic Q2 revenue $156M (-1% YoY); EPS $0.01 GAAP, $0.12 non-GAAP; backlog record $663.8M

## Summary
- Revenue $156M (-1% YoY); Broadband up 20% to $97.1M; Video down to $58.9M from $76.2M.
- GAAP net income $1.6M ($0.01 EPS); non-GAAP $14.0M ($0.12 EPS); down from $14.8M ($0.14) and $17.6M ($0.16) YoY.
- Adjusted EBITDA $21.1M vs $24.3M YoY; backlog surged to record $663.8M (YoY $477.8M).
- Video SaaS revenue grew 58% YoY; CableOS deployed with 98 customers covering 21M modems.
- Cites hardware sales delays as headwind; offset by largest-ever backlog and new Tier 1 customer wins.

## SEC filing metadata
- accession: 0000851310-23-000065
- form_type: 8-K
- ticker: HLIT
- cik: 0000851310
- company_name: HARMONIC INC.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/851310/000085131023000065/0000851310-23-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851310/000085131023000065/hlit-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000851310-23-000065
- JSON: https://secwatch.observer/filing/0000851310-23-000065.json
- Plain text: https://secwatch.observer/filing/0000851310-23-000065.txt

## Key facts
- Earnings Releases
  HARMONIC INC. reported second quarter of 2023 results: revenue $156.0 million, net income GAAP net income $1.6 million and non-GAAP net income of $14.0 million, EPS GAAP net income per share of $0.01 and non-GAAP net income per share of $0.12.
  - Period: second quarter of 2023
  - Revenue: $156.0 million
  - Net income: GAAP net income $1.6 million and non-GAAP net income of $14.0 million
  - EPS: GAAP net income per share of $0.01 and non-GAAP net income per share of $0.12
  - Result: preliminary results
  source text: of our market position was reinforced by several new customer wins which further supports our multi-year growth plan.” Q2 Financial and Business Highlights Financial • Revenue: $156.0 million, down 1% year over year ◦ Broadband segment revenue: $97.1 million, up 20% year over year ◦ Video segment revenue: $58.9 million, compared to $76.2 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/851310/000085131023000065/0000851310-23-000065-index.htm

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