HLIT Q1 2021 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q1 2021 Earnings

Technology Communication Equipment

Income Statement

Revenue

$112M+42.3% YoY

Gross Profit

$55M49.4% margin

Operating Income

-$4M-3.4% margin

Net Income

-$6M-5.5% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-15.2%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$610M

Total Liabilities

$348M

Stockholders' Equity

$261M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112M	$78M	+42.3%
Gross Profit	$55M	$37M	+50.1%
Operating Income	-$4M	-$18M	+78.7%
Net Income	-$6M	-$22M	+72.1%

Revenue Segments

Appliance & Integration

$80M72%

SaaS & Service

$32M28%

Geographic Segments

UNITED STATES

$67M60%

International

$44M40%