$HLIT

HARMONIC INC.

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Harmonic (HLIT) Q2 2026 Earnings Call Transcript

Harmonic (HLIT) reported Q2 2026 revenue of $133.5M, up 54% YoY, driven by demand for its cOS platform. The company highlighted growth in fiber and DOCSIS 4.0 deployments, with bookings reaching $144M. Harmonic's customer base expanded to 161 operators, serving 48.2M devices, and it raised its full-year outlook.

Why Did Harmonic (HLIT) Move Today?

Simply Wall St reports Harmonic (HLIT) issued updated full-year 2026 guidance focused on its Broadband segment, alongside Q2 results and new Q3 guidance. The article cites YTD share gains of 38.92% and 1-year total shareholder return of 55.18%. It also references a fair value estimate of $15.29 versus a $13.92 close and notes deferred revenue of $504.5 million.

Cisco Systems, Applied Materials and 3 Stocks to Watch Heading Into Thursday

Ahead of Thursday trading, the article highlights earnings expectations and recent results for Applied Materials (AMAT), Cisco (CSCO), Applied Industrial Technologies (AIT), Harmonic (HLIT), and Dillard’s (DDS). It cites AMAT EPS $3.39 on $9.0B revenue; CSCO FY27 revenue $72.2B-$73.4B and adjusted EPS $5.05-$5.11; plus consensus figures for AIT, HLIT’s preliminary Q2 results, and DDS EPS $4.29 on $1.52B revenue.

HLIT sentiment & insider activity

Over the past 7 days, alphai's AI scored 2 news stories mentioning HLIT (HARMONIC INC.). Coverage has skewed bullish: 2 bullish, 0 neutral, and 0 bearish.

Recent HLIT coverage spans earnings, market movers and financial news.

What's driving HLIT

  • Earnings beat and guidance raise suggest upside potential for HLIT.

    yahoo.com · Aug 20, 2026

  • Raised 2026 Broadband guidance and updated Q3 outlook likely support near-term sentiment, but valuation and customer concentration raise downside if expectations slip.

    simplywall.st · Aug 16, 2026

  • A positive earnings surprise with a large after-hours jump (up 20%) suggests momentum and potential for continued re-rating if details confirm the preliminary strength.

    sahmcapital.com · Aug 14, 2026

  • Earnings call highlights include updated quarterly and full-year guidance plus memory-cost and stranded-cost dynamics, which can drive near-term valuation and positioning.

    yahoo.com · Aug 14, 2026

  • Beat-and-raise supports continued demand for the name and may lift forward expectations.

    fool.com · Aug 13, 2026

alphai scores every news story that mentions HLIT with an AI model for sentiment and relevance, and aggregates insider trades from HARMONIC INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $HLIT

Score
$HLITHighAI 8/10

Harmonic (HLIT) Q2 2026 Earnings Call Transcript

Harmonic (HLIT) reported Q2 2026 revenue of $133.5M, up 54% YoY, driven by demand for its cOS platform. The company highlighted growth in fiber and DOCSIS 4.0 deployments, with bookings reaching $144M. Harmonic's customer base expanded to 161 operators, serving 48.2M devices, and it raised its full-year outlook.

$HLITMed

Why Did Harmonic (HLIT) Move Today?

Simply Wall St reports Harmonic (HLIT) issued updated full-year 2026 guidance focused on its Broadband segment, alongside Q2 results and new Q3 guidance. The article cites YTD share gains of 38.92% and 1-year total shareholder return of 55.18%. It also references a fair value estimate of $15.29 versus a $13.92 close and notes deferred revenue of $504.5 million.

Cisco Systems, Applied Materials and 3 Stocks to Watch Heading Into Thursday

Ahead of Thursday trading, the article highlights earnings expectations and recent results for Applied Materials (AMAT), Cisco (CSCO), Applied Industrial Technologies (AIT), Harmonic (HLIT), and Dillard’s (DDS). It cites AMAT EPS $3.39 on $9.0B revenue; CSCO FY27 revenue $72.2B-$73.4B and adjusted EPS $5.05-$5.11; plus consensus figures for AIT, HLIT’s preliminary Q2 results, and DDS EPS $4.29 on $1.52B revenue.

$HLITMedAI 8/10

Harmonic Q2 Earnings Call Highlights

Harmonic (NASDAQ:HLIT) reported Q2 non-GAAP gross margin of 53%, operating profit of $31.3M, and EPS of $0.21, including $2.3M stranded costs from the video business sale. CFO Walter Jankovic said two customers each exceeded 10% of revenue and together were 63%. Q3 broadband revenue guidance is $125M-$135M; full-year broadband $505M-$525M.

$HLITMed

Stock Market Today, Aug. 13: Stocks Rise as Inflation Cools, Workday Soars 18%

U.S. stocks rose Aug. 13 after wholesale inflation came in softer than expected. The S&P 500 gained 0.65% to 7,799, the Nasdaq rose 0.81% to 26,803, and the Dow added 0.13% to 53,840. Workday jumped 18% on buyout-talk reports with Silver Lake. Harmonic rose 9% after an earnings beat and guidance raise; Amazon fell on an AI training legal dispute.

$FGILow

Morning Market Movers: FGI, ARX, CLBT, HLIT See Big Swings

The article lists Thursday premarket movers, citing large early price swings in multiple stocks. Gainers include FGI Industries (FGI) up 91% to $9.24, Accelerant Holdings (ARX) up 45% to $19.67, and Harmonic (HLIT) up 23% to $14.74. Losers include Cellebrite DI (CLBT) down 28% to $11.01 and Securitize (SECZ) down 21% to $6.25.

$HLITHighAI 9/10

Why is Harmonic stock surging today?

Harmonic (HLIT) shares rose about 25% in pre-open after the company reported Q2 2026 results above expectations. Adjusted EPS was $0.24 vs $0.12 consensus. Broadband revenue was $133.5M, above guidance, and full-year outlook was raised to $505–$525M. Backlog and deferred revenue increased to $587.6M. Analysts lifted the average price target to about $15.29.

$HLITHighAI 9/10

Harmonic Announces Second Quarter 2026 Results

Harmonic Inc. (Nasdaq: HLIT) reported Q2 2026 results. Broadband revenue rose 54% year over year, including 44% growth in Rest-of-Market. The company raised its full-year 2026 outlook, citing Broadband revenue of $505 million to $525 million. Cash increased to $231.9 million after completing the Video business sale.

$HLITHigh

HARMONIC INC. (HLIT): Results of Operations and Financial Condition

HARMONIC INC. (HLIT) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 hlit-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Harmonic Announces Second Quarter 2026 Results Broadband revenue increased 54% year over year, including 44% growth in Rest-of-Market Company raises full-year outlook to reflect Broadband revenue of $505

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