$HLIT

Harmonic forecasts $545M-$555M 2026 revenue while raising full-year EPS to $0.80-$0.84 (NASDAQ:HLIT)

Harmonic Inc. (HLIT) reported Q3 2026 revenue of $148.8M, up 64% YoY, exceeding guidance. The company raised full-year EPS to $0.80-$0.84 and forecasted 2026 revenue of $545M-$555M, according to CEO Nimrod Ben-Natan.

Original reporting
Published Nov 3, 2026, 5:49 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 3, 2026, 5:53 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$HLIT
Bullish
high confidence
Mentioned
$HLIT
Relevance
7/10
AlphAI data visualization · based on seekingalpha.com
Decision brief

The 30-second read

$HLITBullishMed
01

Why it matters

The earnings beat and raised guidance are likely to drive short‑term buying interest, especially in after‑hours trading.

02

Market read

Earnings surprise and upgraded guidance provide a fresh catalyst for HLIT, offering a trading opportunity.

03

What to watch

Potential headwinds from competitive pricing pressure and macro‑economic slowdown.

Relevance 7/10Novelty 7/10Timing: after-hours

Background

Harmonic Inc. (NASDAQ:HLIT) reported Q3 2026 results, surpassing its own guidance and raising full‑year EPS outlook.

Company-level read

Ticker impact

$HLITBullishHigh confidence
Context

Q3 2026 earnings released with revenue $148.8M, 64% YoY growth and raised FY EPS guidance to $0.80-$0.84.

Expected impact

likely upward pressure as market prices in the strong results and higher guidance

Evidence & confidence

First report of earnings numbers and guidance; revenue far exceeds prior guidance, indicating material improvement.

Market effects

Positive for the cloud services sector as Harmonic's growth may signal broader demand.

U.S. tech micro‑cap segment may see modest lift.

Limited to investors tracking small‑cap earnings.

Counterpoint

If guidance is overly optimistic, the stock could face a pull‑back once detailed forecasts are released.

Key entities

  • Nimrod Ben-Natan

    President, CEO & Director of Harmonic Inc.

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Harmonic Inc (HLIT) (Q3 2026) Earnings Call Highlights: Record Revenue Surge

Harmonic Inc (HLIT) reported Q3 2026 revenue of $148.8M, up 64% YoY, exceeding guidance. Rest-of-Market revenue doubled, contributing 46% of total revenue. The company raised its full-year 2026 outlook to $545M-$555M. Gross margin was impacted by memory costs, and free cash flow was negative $5.1M. Backlog and deferred revenue grew 58% YoY to $534M. The book-to-bill ratio was 0.7, below historical benchmarks. The company added nine new customers and launched the SensAI intelligence platform.

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Harmonic (HLIT) reported Q3 2026 revenue growth of 64% YoY to $148.8M, exceeding guidance. The company added nine new customers, including Liberty Latin America and TDC, and raised its full-year outlook. Harmonic highlighted growth in connectivity, intelligence, and edge AI compute, with SensAI and cOS Loop driving operator adoption. The company expects intelligence to contribute 10% of revenue by 2027.

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What Harmonic (HLIT) Said on Its Q3 Earnings Call

Harmonic (HLIT) reported Q3 earnings, highlighting acquisitions, new products, and growth in its intelligence business. The company raised its full-year 2026 outlook to $545M-$555M in revenue. Backlog was $534M, up 58% YoY. Harmonic expects intelligence to represent 10% of revenue over the next three years and identified connectivity, intelligence, and edge AI compute as long-term growth engines.

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Harmonic Announces Third Quarter 2026 Results

HARMONIC INC. (HLIT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 FOR IMMEDIATE RELEASE Harmonic Announces Third Quarter 2026 Results Revenue increased 64% year over year to $148.8 million, well above the high end of guidance Rest-of-Market revenue more than doubled year over year to a record 46% of total revenue Company raises ful