HLIT Q2 2020 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q2 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$74M-12.8% YoY

Gross Profit

$38M51.0% margin

Operating Income

-$10M-12.9% margin

Net Income

-$15M-20.8% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$558M

Total Liabilities

$327M

Stockholders' Equity

$230M

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$85M	-12.8%
Gross Profit	$38M	$44M	-14.0%
Operating Income	-$10M	-$8M	-23.1%
Net Income	-$15M	-$12M	-30.0%

Revenue Segments

Appliance & Integration

$42M57%

SaaS & Service

$32M43%

Geographic Segments

International

$39M52%

UNITED STATES

$35M48%