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HLIT

Harmonic Inc

$14.11

Earnings Summary

Revenue
$164.33Mn
Net Profits
$6.13Mn
Net Profit Margins
3.73%
PE Ratio
49.93

Highlights

Revenue:

Harmonic Inc’s revenue jumped 5.47% since last year same period to $164.33Mn in the Q4 2022. On a quarterly growth basis, Harmonic Inc has generated 5.52% jump in its revenue since last 3-months.

Net Profits:

Harmonic Inc’s net profit fell -69.12% since last year same period to $6.13Mn in the Q4 2022. On a quarterly growth basis, Harmonic Inc has generated -29.85% fall in its net profits since last 3-months.

Net Profit Margins:

Harmonic Inc’s net profit margin fell -70.73% since last year same period to 3.73% in the Q4 2022. On a quarterly growth basis, Harmonic Inc has generated -33.52% fall in its net profit margins since last 3-months.

PE Ratio:

Harmonic Inc’s price-to-earnings ratio after this Q4 2022 earnings stands at 49.93.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Harmonic Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.15
EPS Estimate Current Year
0.15

Highlights

EPS Estimate Current Quarter:

Harmonic Inc’s earning per share (EPS) estimates for the current quarter stand at 0.15 - a 50% jump from last quarter’s estimates.

EPS Estimate Current Year:

Harmonic Inc’s earning per share (EPS) estimates for the current year stand at 0.15.

Key Ratios

Key ratios of the Harmonic Inc post its Q4 2022 earnings

Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Harmonic Inc’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Harmonic Inc’s return on equity (ROE) stands at 0.09.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.04
0.08
100%
2022-11-04
0.1
0.13
30%
2022-08-05
0.09
0.16
77.78%

Company Information

Harmonic, the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen.

Organisation
Harmonic Inc
Headquarters
2590 Orchard Parkway, San Jose, CA, United States, 95131
Employees
1340
Industry
Telecommunications Equipment
CEO
Patrick Harshman