Harmonic publishes Q3 2026 earnings call transcript
HLIT•Harmonic raised its 2026 revenue forecast to $545 million–$555 million from $505 million–$525 million, its third increase this year. Third-quarter revenue rose 64% to $148.8 million, while adjusted earnings were $0.23 per share.
1. Results and outlook
Harmonic reported third-quarter revenue of $148.8 million, up 64% and above its $125 million–$135 million guidance range. Adjusted earnings were $0.23 per share. The company raised its full-year 2026 revenue forecast to $545 million–$555 million from $505 million–$525 million and its earnings forecast to $0.80–$0.84 per share. Management expects elevated memory costs to persist into 2027 and plans price increases to offset rising costs for other components.
