Harmonic exceeded the high end of its guidance in both revenue and profitability during Q2 2025, supported by robust momentum in its Video segment and early positive signs in Broadband upgrades.
Harmonic exceeded expectations in Q1 2025, driven by strong performance in both Broadband and Video segments, with notable improvements in gross margins and profitability. The company ended the quarter with a robust cash balance and a significant backlog.
Harmonic achieved record quarterly total company revenue and Adjusted EBITDA, with both Broadband and Video revenue exceeding expectations. The company's strong performance in Broadband demonstrates its ability to scale to customer needs and its technology leadership, positioning it well for long-term growth in broadband DOCSIS 4.0 and Fiber.
Harmonic Inc. reported strong Q3 2024 results with record total company revenue of $195.8 million, up 54% year over year, and Adjusted EBITDA of $43.4 million. Broadband revenue increased by 92% year over year, while Video returned to profitability with greater than 10% Adjusted EBITDA margin.
Harmonic Inc. announced its Q2 2024 results with revenue of $138.7 million, a 14% increase quarter over quarter, reaching the high end of the company's guidance. Profitability in both the Broadband and Video segments exceeded expectations.
Harmonic Inc. reported first quarter 2024 results within the guidance range, driven by the Broadband business. The company reaffirmed its full year Broadband revenue guidance and increased Video full year EBITDA guidance based on these results, record backlog and deferred revenue, and restructuring actions in Video.
Harmonic Inc. reported record quarterly total revenue of $167.1 million, a 31% increase quarter over quarter. Broadband revenue increased by 20%, and Video SaaS revenue increased by 26% year over year. The company's robust backlog positions it well for future growth.
Harmonic Inc. announced its Q3 2023 financial results, with revenue at $127.2 million. The company reported a GAAP net loss of $6.5 million, or $0.06 per share, and a non-GAAP net income of $0.0 million, or $0.00 per share. Video SaaS revenue increased by 42% year over year.
Harmonic Inc. announced its Q2 2023 results, which showed double-digit year-over-year growth in Broadband and Video SaaS revenue. However, the company experienced hardware sales delays across its business segments, resulting in total revenue below expectations. Despite these short-term headwinds, Harmonic has the largest backlog in its history and its operating model delivered solid profitability.
Harmonic Inc. reported strong Q1 2023 results with record first quarter revenue of $157.6 million, up 7% year over year, and solid operating profit. Broadband segment revenue rose 23% and Video SaaS revenue growth was 72%.
Harmonic announced strong Q4 2022 results, with record quarterly revenue of $164.3 million, driven by Broadband segment revenue growth of 38% and Video SaaS revenue growth of 51%. The company's gross margins and operating profit in both Broadband and Video segments were solid.
Harmonic Inc. announced strong Q3 2022 results with a 23% year-over-year revenue increase, driven by Broadband and Video SaaS segments. Bookings grew by 50%, demonstrating strong business momentum.
Harmonic reported a record quarter with 39% year-over-year revenue growth and over 15% adjusted EBITDA margin. Cable Access business grew 62% and Video SaaS revenue grew 69% year over year.
Harmonic Inc. announced strong first quarter 2022 results with revenue up 32% year over year. The Cable Access segment revenue increased by 98% and the Video segment saw gross margin expansion. Bookings resulted in a record backlog and deferred revenue.
Harmonic Inc. reported record quarterly revenue, up 18% year over year, and backlog and deferred revenue, up 52% year over year. The company ended the year with record backlog and deferred revenue and expanding customer relationships, providing a strong foundation for sustained momentum as they enter 2022.
Harmonic Inc. reported a strong third quarter in 2021, with a 33% year-over-year increase in total revenue. Both the Cable Access and Video segments contributed to this growth, with revenue increases of 43% and 26% respectively. The company also saw solid operating profit and an improved cash position.
Harmonic Inc. announced strong Q2 2021 results with revenue up 53% year over year, driven by robust demand in both Video and Cable Access segments. The book-to-bill ratio was 1.6, leading to record backlog and deferred revenue.
Harmonic Inc. reported a strong first quarter in 2021, with revenues and earnings surpassing expectations. The company saw significant year-over-year growth in both its Cable Access and Video segments, driven by solid customer demand. Bookings were strong, leading to near-record backlog and deferred revenue.
Harmonic Inc. reported Q4 2020 revenue of $131.5 million, up 7.7% year over year. GAAP net income was $13.5 million, or $0.13 per share, and non-GAAP net income was $20.0 million, or $0.20 per share. Bookings were up 105% quarter over quarter.
Harmonic's Q3 2020 results showed a revenue of $94.9 million. The Cable Access segment delivered solid sequential revenue growth and operating margin, while the Video segment revenue rebounded strongly quarter over quarter.
Harmonic reported a revenue of $74.0 million, a decrease of 12.8% year over year, but Cable Access segment revenue was up over 100% year over year. The company's SaaS and service revenue grew by 4.3% year over year, and the Video SaaS customer base increased to 66 customers, up 136% year over year.
Harmonic Inc. announced unaudited results for the first quarter of 2020. Cable Access segment revenue grew over 85% and recurring SaaS and Service revenue grew over 10% year over year.
Harmonic Inc. reported a strong fourth quarter with a 7.5% year-over-year increase in revenue, driven by the CableOS solution gaining market share and a record video segment gross margin of 60%.