HLIT Q2 2019 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q2 2019 Earnings

Technology Communication Equipment

Income Statement

Revenue

$85M-14.4% YoY

Gross Profit

$44M51.8% margin

Operating Income

-$8M-9.1% margin

Net Income

-$12M-14.0% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$10M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$527M

Total Liabilities

$315M

Stockholders' Equity

$212M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$99M	-14.4%
Gross Profit	$44M	$52M	-14.9%
Operating Income	-$8M	$642,000	-1309.3%
Net Income	-$12M	-$3M	-306.6%

Revenue Segments

Appliance & Integration

$54M64%

SaaS & Service

$30M36%

Geographic Segments

International

$49M58%

UNITED STATES

$36M42%