secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0000851310-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic Q4 revenue record $167.1M; broadband up 20% YoY, backlog grows 43%
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- Total revenue $167.1M, record quarterly; GAAP net income $83.8M ($0.72 EPS), non-GAAP EPS $0.13.
- Broadband segment revenue $115.2M (+20% YoY); Video segment $51.9M (-24% YoY).
- Backlog and deferred revenue $653.2M, up from $457.1M a year ago; bookings $196.5M.
- Video strategic review ongoing; no definitive agreement; guiding video conservatively for 2024.
- Non-GAAP adjusted EBITDA $21.7M, down from $26.6M; cash $84.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000006/0000851310-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000006/hlit-20240129.htm
  HTML page:      https://secwatch.observer/filing/0000851310-24-000006

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