Harmonic reclassifies Video as discontinued ops; Broadband segment Q4 revenue $98.2M, non-GAAP income $7.2M

HARMONIC INC.

Continuing ops (Broadband) revenue: Q1 $84.9M, Q2 $86.9M, Q3 $90.5M, Q4 $98.2M.
Non-GAAP income from continuing ops: Q1 $8.0M, Q2 $3.7M, Q3 $7.5M, Q4 $7.2M.
Video business goodwill impairment of $57.5M in Q4 drove GAAP loss of $55.0M at total company.
Sale of Video to MediaKind expected to close H1 2026; subject to French works council consultation.
Broadband is now sole reportable segment; stranded costs totaled $1.6M-$2.5M per quarter.

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