Harmonic Q4 EPS Slumps 87% to $0.06, Revenue Drops 56% to $98.2M
Harmonic reported Q4 EPS of $0.06, missing estimates by 40% and down from $0.45 a year ago. Q4 revenue fell 56% to $98.24 million, missing consensus by 30.9% as year-ago sales were $222.17 million.
1. Q4 Earnings Miss Expectations
Harmonic reported adjusted Q4 EPS of $0.06, missing the consensus estimate of $0.10 by 40% and down from $0.45 per share a year earlier.
2. Revenue Decline Year-over-Year
Q4 revenue totaled $98.24 million, falling 56% from $222.17 million the prior year and missing projections by 30.9%.
3. Year-to-Date Stock Performance
Harmonic shares have gained approximately 6.8% since January 1 while the S&P 500 has risen about 0.5%, reflecting investor optimism despite the quarterly shortfall.
4. Outlook and Consensus Estimates
Analysts forecast Q1 EPS of $0.10 on revenues of $142.75 million and FY26 EPS of $0.71 on $674.35 million, with estimate revisions poised to influence future stock movement.