HLIT Q4 2023 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q4 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$167M+1.7% YoY

Gross Profit

$82M49.0% margin

Operating Income

$10M5.8% margin

Net Income

$84M50.2% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+31.4%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$4M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$768M

Total Liabilities

$331M

Stockholders' Equity

$437M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$164M	+1.7%
Gross Profit	$82M	$86M	-4.5%
Operating Income	$10M	$16M	-41.5%
Net Income	$84M	$6M	+1267.5%

Geographic Segments

UNITED STATES

$121M72%

Non-US

$46M28%