Harmonic Q1 2025 revenue $133.1M, GAAP EPS $0.05, Non-GAAP EPS $0.11; margins jump

HARMONIC INC.

2025-Q1 EPS reported $0.05 revenue$133,135,000

Revenue $133.1M, up 9% YoY; GAAP EPS $0.05 vs -$0.07; Non-GAAP EPS $0.11 vs $0.00.
Broadband segment revenue $84.9M; Non-GAAP gross margin 55.5% (vs 47.5% YoY).
Video segment revenue $48.3M; Non-GAAP gross margin 66.4% (vs 61.6% YoY).
Non-GAAP adjusted EBITDA $21.1M vs $4.1M YoY; cash $148.7M up from $84.3M.
Won 7 new broadband customers including 2 US Tier 1s; repurchased 3.5M shares for $36.1M.

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