Harmonic raised its full-year 2026 broadband revenue guidance to between $505 million and $525 million after reporting second-quarter results and completing the sale of its Video business. The company posted broadband revenue of $133.5 million, up 54% year-over-year and above its prior guidance of $115 million to $125 million, with EPS of $0.21 and operating profit of $31.3 million. For the third quarter, Harmonic expects broadband revenue between $125 million and $135 million and EPS between $0.15 and $0.19. Full-year EPS guidance was also raised to between $0.67 and $0.75, and gross margin guidance was lifted to between 51% and 52%. The company said broadband backlog and deferred revenue reached a record $587.6 million, with 73% expected to convert to revenue within the next 12 months.
Harmonic IncRaises 2026 broadband revenue and EPS guidance, beats Q2 estimates, and completes Video sale.
