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Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.
Zacks Investment Research
Harmonic (HLIT) Beats Q3 Earnings and Revenue EstimatesHarmonic (HLIT) reported Q3 2026 earnings of $0.23 per share, beating consensus estimates of $0.17 and surpassing revenue expectations. However, the stock has underperformed the S&P 500 year-to-date, gaining only 3.4% versus the market's 10.7%. The company received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.
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