HLIT Q1 2022 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q1 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$147M+32.1% YoY

Gross Profit

$69M46.9% margin

Operating Income

$3M1.7% margin

Net Income

-$2M-1.0% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$30M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$700M

Total Liabilities

$416M

Stockholders' Equity

$285M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$147M	$112M	+32.1%
Gross Profit	$69M	$55M	+25.5%
Operating Income	$3M	-$4M	+166.0%
Net Income	-$2M	-$6M	+75.0%

Revenue Segments

Appliance & Integration

$113M77%

SaaS & Service

$34M23%

Geographic Segments

UNITED STATES

$87M59%

Non-US

$61M41%