HLIT Q4 2024 Earnings — Harmonic Inc. Revenue & Financial Results | Market Cap Arena

HLITHarmonic Inc.

$1B

Q4 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$222M+33.0% YoY

Gross Profit

$125M56.1% margin

Operating Income

$53M23.8% margin

Net Income

$38M17.2% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+13.5%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$46M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$797M

Total Liabilities

$331M

Stockholders' Equity

$465M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$222M	$167M	+33.0%
Gross Profit	$125M	$82M	+52.3%
Operating Income	$53M	$10M	+448.8%
Net Income	$38M	$84M	-54.5%

Revenue Segments

Product

$170M77%

Support Services

$29M13%

SAAS

$15M7%

Professional Services

$7M3%

Geographic Segments

UNITED STATES

$175M79%

Non-US

$47M21%