Sign In
NASDAQ:HLIT
Harmonic Inc. Stock Earnings Reports
$10.19
-0.150 (-1.45%)
At Close: Mar 21, 2025
Harmonic. Earnings Calls
Q4 2024
Beat
$0.450 (21.62%)
| Release date | Feb 10, 2025 |
| EPS estimate | $0.370 |
| EPS actual | $0.450 |
| EPS Surprise | 21.62% |
| Revenue estimate | 212.451M |
| Revenue actual | 222.166M |
| Revenue Surprise | 4.57% |
Q3 2024
Beat
$0.260 (30.00%)
| Release date | Oct 28, 2024 |
| EPS estimate | $0.200 |
| EPS actual | $0.260 |
| EPS Surprise | 30.00% |
| Revenue estimate | 181.89M |
| Revenue actual | 195.756M |
| Revenue Surprise | 7.62% |
Q2 2024
Beat
$0.0800 (105.13%)
| Release date | Jul 29, 2024 |
| EPS estimate | $0.0390 |
| EPS actual | $0.0800 |
| EPS Surprise | 105.13% |
| Revenue estimate | 133.67M |
| Revenue actual | 138.74M |
| Revenue Surprise | 3.79% |
Q1 2024
Missed
-$0.0500 (-100.00%)
| Release date | Apr 29, 2024 |
| EPS estimate | -$0.0250 |
| EPS actual | -$0.0500 |
| EPS Surprise | -100.00% |
| Revenue estimate | 121.7M |
| Revenue actual | 122.06M |
| Revenue Surprise | 0.296% |
Last 4 Quarters for Harmonic.
Below you can see how HLIT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Missed
| Release date | Apr 29, 2024 |
| Fiscal end date | Mar 29, 2024 |
| Price on release | $9.40 |
| EPS estimate | -$0.0250 |
| EPS actual | -$0.0500 |
| EPS surprise | -100.00% |
| Date | Price |
|---|---|
| Apr 23, 2024 | $9.58 |
| Apr 24, 2024 | $9.43 |
| Apr 25, 2024 | $9.20 |
| Apr 26, 2024 | $9.20 |
| Apr 29, 2024 | $9.40 |
| Apr 30, 2024 | $10.74 |
| May 01, 2024 | $11.09 |
| May 02, 2024 | $11.10 |
| May 03, 2024 | $10.96 |
| 4 days before | -1.88% |
| 4 days after | 16.60% |
| On release day | 14.26% |
| Change in period | 14.41% |
Q2 2024
Beat
| Release date | Jul 29, 2024 |
| Fiscal end date | Jun 28, 2024 |
| Price on release | $11.75 |
| EPS estimate | $0.0390 |
| EPS actual | $0.0800 |
| EPS surprise | 105.13% |
| Date | Price |
|---|---|
| Jul 23, 2024 | $12.46 |
| Jul 24, 2024 | $11.96 |
| Jul 25, 2024 | $11.89 |
| Jul 26, 2024 | $12.04 |
| Jul 29, 2024 | $11.75 |
| Jul 30, 2024 | $14.24 |
| Jul 31, 2024 | $14.66 |
| Aug 01, 2024 | $14.50 |
| Aug 02, 2024 | $13.92 |
| 4 days before | -5.70% |
| 4 days after | 18.47% |
| On release day | 21.19% |
| Change in period | 11.72% |
Q3 2024
Beat
| Release date | Oct 28, 2024 |
| Fiscal end date | Sep 27, 2024 |
| Price on release | $14.82 |
| EPS estimate | $0.200 |
| EPS actual | $0.260 |
| EPS surprise | 30.00% |
| Date | Price |
|---|---|
| Oct 22, 2024 | $14.54 |
| Oct 23, 2024 | $14.45 |
| Oct 24, 2024 | $14.70 |
| Oct 25, 2024 | $14.78 |
| Oct 28, 2024 | $14.82 |
| Oct 29, 2024 | $11.10 |
| Oct 30, 2024 | $11.58 |
| Oct 31, 2024 | $11.09 |
| Nov 01, 2024 | $10.96 |
| 4 days before | 1.93% |
| 4 days after | -26.05% |
| On release day | -25.10% |
| Change in period | -24.62% |
Q4 2024
Beat
| Release date | Feb 10, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $11.12 |
| EPS estimate | $0.370 |
| EPS actual | $0.450 |
| EPS surprise | 21.62% |
| Date | Price |
|---|---|
| Feb 04, 2025 | $11.19 |
| Feb 05, 2025 | $11.40 |
| Feb 06, 2025 | $11.35 |
| Feb 07, 2025 | $11.13 |
| Feb 10, 2025 | $11.12 |
| Feb 11, 2025 | $9.42 |
| Feb 12, 2025 | $9.51 |
| Feb 13, 2025 | $9.79 |
| Feb 14, 2025 | $10.06 |
| 4 days before | -0.626% |
| 4 days after | -9.53% |
| On release day | -15.29% |
| Change in period | -10.10% |
Harmonic. Earnings Call Transcript Summary of Q4 2024
EPS surged by 246% to $0.45.
Broadband Performance: Broadband revenue reached $171 million and EBITDA was $64.1 million, marking record levels.
Video Segment Recovery: Video revenue for the quarter was $51.1 million with EBITDA of $7.8 million, indicating improvements.
Strong Cash Position: Cash balance at $101.5 million, with strong free cash flow of $46.2 million in Q4.
Business Update
- Broadband Segment: Continued leadership in DOCSIS 4.0 technology and an increase in market share, despite an expected dip in revenue for 2025 due to industry-wide transitions.
- Video Streaming SaaS: Positioned for growth with strong contributions from partnerships, particularly with Akamai, and SaaS revenue reaching $15.1 million in Q4.
- Strategic Focus: The company is focused on customer diversification beyond its top two clients, enhancing operations, and promoting the adoption of fiber technologies alongside DOCSIS.
Outlook
- 2025 Projection: Anticipated challenges with broadband revenue expected between $400 million to $450 million, with lower gross margins. Despite anticipated short-term challenges in 2025, the company remains optimistic about its growth trajectory, specifically in the broadband and video sectors, and is well-positioned for long-term market opportunities. Investors should take note of the strategic initiatives in place to navigate upcoming hurdles while focusing on enhancing shareholder returns.
Harmonic. Earnings History
Earnings Calendar
FAQ
When is the earnings report for HLIT?
Harmonic Inc. (HLIT) has scheduled its earnings report for May 05, 2025 before the markets open.
What is the HLIT price-to-earnings (P/E) ratio?
HLIT P/E ratio as of Mar 21, 2025 (TTM) is 30.72.
What is the HLIT EPS forecast?
The forecasted EPS (Earnings Per Share) for Harmonic Inc. (HLIT) for the first fiscal quarter 2025 is $0.0500.
What are Harmonic Inc.'s retained earnings?
On its balance sheet, Harmonic Inc. reported retained earnings of $222.17 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
