AI brief of an SEC Form 8-K · Harmonic (HLIT)

Harmonic Q4 revenue rises 33% to $222.2 million; GAAP net income falls to $38.1 million

Mixed Impact 4 of 5 earnings Written later

Harmonic reported unaudited fourth-quarter 2024 revenue of $222.2 million, up from $167.1 million a year earlier, and GAAP net income of $38.1 million, down from $83.8 million, which included a prior-year tax benefit. The company guided to 2025 GAAP net revenue of $585 million to $645 million and authorized a new $200 million share repurchase program through February 2028.

Key points

  • Q4 2024 GAAP diluted EPS was $0.32, versus $0.72 a year earlier; non-GAAP diluted EPS was $0.45, versus $0.13
  • Q4 2024 adjusted EBITDA was $71.8 million, versus $21.7 million a year earlier
  • 2025 GAAP net revenue guidance is $585 million to $645 million, with GAAP net income of $22 million to $53 million
  • Board authorized a new $200 million buyback through February 2028, replacing the existing program

The filing

CompanyHarmonic (HLIT)
Form8-K, current report
Filed with the SECFeb 10, 2025, 4:28 PM ET
Accession number0000851310-25-000011

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.