HLIT FY 2023 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

FY 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$608M-2.7% YoY

Gross Profit

$313M51.4% margin

Operating Income

$22M3.6% margin

Net Income

$84M13.8% margin

EPS (Diluted)

$0.72

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

-$1M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$768M

Total Liabilities

$331M

Stockholders' Equity

$437M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$608M	$625M	-2.7%
Gross Profit	$313M	$316M	-1.1%
Operating Income	$22M	$46M	-51.3%
Net Income	$84M	$28M	+198.0%