secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0000851310-25-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000034/0000851310-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000034/hlit-20250428.htm
  HTML page:      https://secwatch.observer/filing/0000851310-25-000034

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