Harmonic (HLIT) Q4 Earnings and Revenues Lag Estimates

Core Viewpoint - Harmonic (HLIT) reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share, and showing a significant decline from $0.45 per share a year ago, indicating an earnings surprise of -40.00% [1] Financial Performance - The company posted revenues of $98.24 million for the quarter ended December 2025, which was 30.87% below the Zacks Consensus Estimate and a decrease from $222.17 million in the same quarter last year [2] - Over the last four quarters, Harmonic has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Harmonic shares have increased approximately 6.8% since the beginning of the year, outperforming the S&P 500, which gained 0.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.10 for the upcoming quarter and $0.71 for the current fiscal year, with revenues expected to be $142.75 million and $674.35 million respectively [7] - The Zacks Rank for Harmonic is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Communication - Components industry, to which Harmonic belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]