HLIT Earnings Prediction
The chart below shows how HLIT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HLIT sees a +3.23% change in stock price 10 days leading up to the earnings, and a +1.78% change 10 days following the report. On the earnings day itself, the stock moves by -0.33%. This data can give you a slight idea of what to expect for the next quarter's release.
HLIT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
222.17M
32.96%
13.49%
Gross Margin
56.11%
14.56%
4.88%
Operating Margin
24.60%
327.83%
24.12%
Net Margin
17.16%
-65.80%
54.73%
EPS
0.32
-55.56%
68.42%
No Data Available
HLIT Earnings Analysis
Harmonic Inc Corporation (HLIT.O) Earnings Conference Call
Positive
Record Revenue Growth: Harmonic Inc. reported a record total company revenue of $222.2 million for Q4 2024, representing a 33% year-over-year increase.
EPS Surge Exceeds Expectations: Earnings per share (EPS) surged to $0.45, a remarkable 246% increase compared to expectations of $0.37.
Record Broadband Revenue and EBITDA: Broadband revenue reached a record level of $171 million in Q4 2024, with EBITDA for the segment also hitting a record at $64.1 million.
Video Streaming Revenue Growth: The Video Streaming SaaS segment generated $15.1 million in revenue for Q4 2024, reflecting a 15% year-over-year growth.
Share Repurchase Program Announcement: A new three-year share repurchase program of up to $200 million was announced, doubling the previous program and demonstrating strong confidence in the business.
Negative
Broadband Revenue Decline Expected: Despite a record fourth quarter, Harmonic anticipates a decline in broadband revenue for 2025 due to the transition to Unified DOCSIS 4.0, which is expected to result in a below-trend year.
Book-to-Bill Ratio Decline: The company reported a book-to-bill ratio of 0.7 in Q4 2024, down from 0.9 in Q3 2024 and 1.2 in Q4 2023, indicating a decrease in order bookings relative to revenue.
Broadband Revenue Outlook: For 2025, Harmonic expects broadband revenue to be between $400 million to $450 million, reflecting a cautious outlook due to reduced order forecasts from some customers.
Video Segment Revenue Projection: The Video segment is projected to generate revenue between $185 million to $195 million for 2025, which indicates a stagnation in growth compared to previous years.
Broadband Revenue Guidance: Harmonic's guidance for Q1 2025 includes broadband revenue expectations of $80 million to $90 million, which is significantly lower than the record levels achieved in 2024.
HLIT FAQs
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HLIT Earning Call Sentiment
Harmonic Inc. (NASDAQ:HLIT) Q4 2024 Earnings Call Transcript
HLIT.O
0.89%Positive
The earnings call presented mixed signals: strong financial performance with record revenues and improved margins, but concerns over regulatory issues, competitive pressures, and supply chain challenges affecting future growth. Positive aspects include a robust share repurchase program and optimistic guidance. However, market dynamics and cautious management outlook for 2025 create uncertainties. The Q&A session highlighted management's evasiveness on specifics, adding to uncertainty. The market cap suggests moderate volatility, leading to a neutral prediction for stock price movement.
