HLIT Q3 2022 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q3 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$156M+23.3% YoY

Gross Profit

$79M50.5% margin

Operating Income

$11M7.3% margin

Net Income

$9M5.6% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$10M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$698M

Total Liabilities

$397M

Stockholders' Equity

$301M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$156M	$126M	+23.3%
Gross Profit	$79M	$66M	+18.8%
Operating Income	$11M	$5M	+112.7%
Net Income	$9M	$2M	+471.2%

Revenue Segments

Appliance & Integration

$116M75%

SaaS & Service

$39M25%

Geographic Segments

UNITED STATES

$90M58%

Non-US

$66M42%