2023-07-31 16:15:38 ET
- Harmonic press release ( NASDAQ: HLIT ): Q2 Non-GAAP EPS of $0.12 misses by $0.01 .
- Revenue of $156M (-0.9% Y/Y) misses by $11.52M .
- Gross margin: GAAP 54.5% and non-GAAP 54.7%, compared to GAAP 52.3% and non-GAAP 52.8% in the year ago period
- Broadband segment gross margin: 50.5% compared to 43.0% in the year ago period
- Video segment gross margin: 61.7% compared to 63.2% in the year ago period
- Operating income: GAAP income $10.0 million and non-GAAP income $18.2 million, compared to GAAP income $15.1 million and non-GAAP income $21.4 million in the year ago period
- Net income: GAAP net income $1.6 million and non-GAAP net income of $14.0 million, compared to GAAP net income $14.8 million and non-GAAP net income $17.6 million in the year ago period
- Adjusted EBITDA: $21.1 million income compared to $24.3 million income in the year ago period
For further details see:
Harmonic Non-GAAP EPS of $0.12 misses by $0.01, revenue of $156M misses by $11.52M