Harmonic Inc Q2 Results: Adj. EPS $0.21 Beats $0.17 Estimate

1 min read | Published on 13 Aug 2026, 04:31 AM |Updated on 13 Aug 2026, 04:31 AM

Reviewed by

Shriram SScanX News Team

Key Highlights

Harmonic Inc Q2 adjusted EPS of $0.21 beats $0.17 estimate by 23.53%, up 133.33% YoY. Sales of $133.462M beat $120.880M estimate but fell 3.31% YoY from $138.027M.

*this image is generated using AI for illustrative purposes only.

Harmonic Inc (NASDAQ: HLIT) delivered a strong second-quarter performance, with adjusted earnings per share (EPS) reaching $0.21. This figure significantly outperformed the analyst consensus estimate of $0.17, marking a beat of 23.53 percent. Compared to the same period last year, when the company reported earnings of $0.09 per share, the current quarter reflects a substantial year-over-year increase of 133.33 percent.

Revenue figures also surpassed market expectations. Harmonic reported quarterly sales of $133.462 million, which exceeded the analyst consensus estimate of $120.880 million by 10.41 percent. Despite this beat against estimates, the top line showed a slight contraction compared to the prior year, falling 3.31 percent from the $138.027 million recorded in the same quarter last year.

What the Numbers Show

The divergence between revenue and earnings performance highlights a significant improvement in profitability efficiency. While revenue declined 3.31 percent year-over-year, adjusted EPS surged 133.33 percent. This suggests that cost management or margin expansion played a critical role in driving earnings growth, decoupling profit performance from top-line stagnation.

Metric:	Q2 Current	Q2 Prior Year	YoY Change
Adjusted EPS:	$0.21	$0.09	+133.33%
Sales:	$133.462 million	$138.027 million	-3.31%

The company’s ability to deliver an EPS beat of over 23 percent while facing a modest revenue decline indicates effective operational leverage during the quarter.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific cost-cutting measures or operational efficiencies drove the 133% EPS surge despite a 3.3% revenue decline?

Will Harmonic's management provide updated full-year guidance reflecting this improved profitability margin structure?

How does the slight revenue contraction impact Harmonic's competitive positioning against peers in the video infrastructure market?

Harmonic confirms $145M sale to MediaKind on track for Q2 2026

0 min read | Published on 09 Jun 2026, 04:53 AM |Updated on 09 Jun 2026, 04:53 AM

Reviewed by

Ashish TScanX News Team

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Key Highlights

Harmonic Inc. confirmed that its $145 million cash sale of the Video Business to MediaKind is on track to close in Q2 2026, pending customary adjustments and closing conditions.

*this image is generated using AI for illustrative purposes only.

Harmonic Inc. confirmed that the $145 million sale of its Video Business to MediaKind remains on track to close in the second quarter of 2026. The transaction, structured as an Asset Purchase Agreement, involves a cash purchase price subject to customary adjustments and is pending the satisfaction of remaining closing conditions.

Transaction Details

The sale was originally announced on March 20, 2026, when Harmonic Inc. entered into the agreement with Leone Media Inc. (d/b/a MediaKind). The deal focuses exclusively on the divestiture of the Video Business unit.