secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0000851310-25-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic Q2 2025: revenue $138.0M, GAAP EPS $0.03, Non-GAAP $0.09, beats guidance
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- Revenue $138.0M (flat YoY); Broadband $86.9M, Video $51.1M; both segments exceeded guidance high end.
- GAAP net income $2.9M ($0.03/sh) vs. prior-year loss $12.5M; Non-GAAP net income $10.3M ($0.09/sh).
- Non-GAAP gross margin 54.1% vs. 53.1% YoY; adjusted EBITDA $17.0M vs. $16.1M.
- Backlog $504.5M; cash $123.9M (up from $45.9M); repurchased 1.6M shares for $14.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000067/0000851310-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000067/hlit-20250728.htm
  HTML page:      https://secwatch.observer/filing/0000851310-25-000067

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