HLIT Q3 2020 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q3 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$95M-18.0% YoY

Gross Profit

$49M51.6% margin

Operating Income

-$2M-1.7% margin

Net Income

-$5M-5.7% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+28.2%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$9M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$559M

Total Liabilities

$325M

Stockholders' Equity

$234M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	$116M	-18.0%
Gross Profit	$49M	$76M	-35.2%
Operating Income	-$2M	$23M	-107.2%
Net Income	-$5M	$12M	-146.2%

Revenue Segments

Appliance & Integration

$63M67%

SaaS & Service

$32M33%

Geographic Segments

International

$50M53%

UNITED STATES

$45M47%