Earnings ·
Harmonic raises full-year net revenue guidance to $505–$525 million after selling Video business for $137.9 million
HLITHarmonic Inc.
Harmonic Inc. reported preliminary unaudited financial results for the quarter ended July 3, 2026, announcing Broadband revenue of $133.5 million, a 54% year-over-year increase. The company raised its full-year 2026 net revenue guidance to $505–$525 million and reported cash reserves of $232 million following the completed sale of its Video business for approximately $137.9 million in June 2026. Harmonic operates as a pure-play broadband solutions provider, delivering virtualized broadband platforms and network intelligence to service providers.