secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-059434
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic Q4 GAAP loss $0.49/sh; Broadband bookings record, backlog up 73%
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- GAAP net loss per share $(0.49) for Q4, $(0.38) for FY2025; Non-GAAP EPS $0.14 and $0.47.
- Broadband bookings $346.9M in Q4 drove 3.5 book-to-bill; backlog and deferred revenue $573.8M (+73% YoY).
- Total Q4 revenue $157.3M (Broadband $98.2M); cash $124.1M; repurchased 1.3M shares for $13.3M.
- Sale of Video business to MediaKind for $145M cash on track to close Q2 2026; Video exceeded expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000119312526059434/0001193125-26-059434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000119312526059434/hlit-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-059434

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