Harmonic (HLIT) Stock Forecast, Price Target & Predictions
HLIT Stock Forecast
Harmonic stock forecast is as follows: an average price target of $17.00 (represents a 25.09% upside from HLIT’s last price of $13.59) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
HLIT Price Target
The average price target for Harmonic (HLIT) is $17.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $13.00. This represents a potential 25.09% upside from HLIT's last price of $13.59.
HLIT Analyst Ratings
According to 10 Wall Street analysts, Harmonic's rating consensus is 'Buy'. The analyst rating breakdown for HLIT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (50.00%), 5 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Harmonic Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Steve Frankel | Rosenblatt Securities | $18.00 | $10.74 | 67.60% | 32.45% |
| Aug 01, 2023 | Ryan Koontz | Needham | $20.00 | $11.63 | 71.97% | 47.17% |
| Jan 31, 2023 | Ryan Koontz | Needham | $19.00 | $13.17 | 44.27% | 39.81% |
| Sep 16, 2022 | Ryan Koontz | Needham | $17.00 | $11.82 | 43.82% | 25.09% |
| Sep 16, 2022 | - | Needham | $17.00 | $11.20 | 51.79% | 25.09% |
| Aug 02, 2022 | - | Rosenblatt Securities | $17.00 | $10.85 | 56.68% | 25.09% |
| Aug 02, 2022 | - | Needham | $15.00 | $10.85 | 38.25% | 10.38% |
| May 03, 2022 | - | Barclays | $13.00 | $9.74 | 33.47% | -4.34% |
The latest Harmonic stock forecast, released on Apr 30, 2024 by Steve Frankel from Rosenblatt Securities, set a price target of $18.00, which represents a 67.60% increase from the stock price at the time of the forecast ($10.74), and a 32.45% increase from HLIT last price ($13.59).
Harmonic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $18.00 |
| Last Closing Price | $13.59 | $13.59 | $13.59 |
| Upside/Downside | -100.00% | -100.00% | 32.45% |
In the current month, the average price target of Harmonic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Harmonic's last price of $13.59. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 18, 2024 | Needham | Buy | Buy | Hold |
| Jun 17, 2024 | Needham | Buy | Buy | Hold |
| Apr 17, 2024 | Raymond James | Buy | Buy | Hold |
| Jan 30, 2024 | Raymond James | Buy | Buy | Hold |
| Jan 30, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jan 30, 2024 | Needham | Underperform | Underperform | Hold |
| Dec 29, 2023 | Raymond James | Buy | Buy | Hold |
| Dec 29, 2023 | Needham | Underperform | Underperform | Hold |
| Dec 14, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
Harmonic's last stock rating was published by Barclays on Jul 30, 2024. The company gave HLIT a "Overweight" rating, the same as its previous rate.
Harmonic Financial Forecast
Harmonic Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $167.09M | $127.20M | $155.96M | $157.65M | $164.33M | $155.74M | $157.45M | $147.44M | $155.80M | $126.32M | $113.45M | $111.58M | $131.53M | $94.89M | $73.99M | $78.42M | $122.18M | $115.72M | $84.86M | $80.11M | $90.13M | $82.94M |
| Avg Forecast | $237.80M | $212.42M | $192.16M | $176.52M | $219.41M | $181.77M | $133.67M | $121.70M | $158.98M | $132.01M | $167.52M | $157.82M | $159.28M | $153.27M | $150.08M | $141.28M | $152.72M | $118.62M | $107.58M | $103.30M | $126.36M | $82.19M | $69.92M | $85.02M | $113.07M | $114.84M | $85.07M | $85.52M | $720.80M | $29.61M |
| High Forecast | $246.83M | $220.49M | $199.46M | $183.23M | $227.74M | $186.26M | $138.74M | $126.32M | $161.16M | $133.72M | $173.88M | $163.82M | $165.33M | $159.09M | $154.80M | $145.71M | $157.52M | $122.35M | $110.97M | $106.55M | $130.33M | $84.77M | $72.12M | $87.69M | $116.63M | $118.45M | $87.75M | $88.21M | $864.96M | $35.53M |
| Low Forecast | $226.96M | $202.74M | $183.40M | $168.48M | $209.41M | $177.18M | $127.57M | $116.15M | $155.21M | $131.04M | $159.88M | $150.63M | $152.02M | $146.29M | $144.75M | $136.26M | $147.30M | $114.41M | $103.76M | $99.63M | $121.87M | $79.27M | $67.44M | $82.00M | $109.06M | $110.76M | $82.05M | $82.48M | $576.64M | $23.69M |
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 8 | 8 | 10 | 14 | 7 | 7 | 16 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 0.96% | 0.93% | 1.00% | 1.03% | 1.02% | 1.05% | 1.04% | 1.02% | 1.06% | 1.05% | 1.08% | 1.04% | 1.15% | 1.06% | 0.92% | 1.08% | 1.01% | 1.00% | 0.94% | 0.13% | 2.80% |
Harmonic's average Quarter revenue forecast for Mar 24 based on 2 analysts is $121.70M, with a low forecast of $116.15M, and a high forecast of $126.32M. HLIT's average Quarter revenue forecast represents a -27.17% decrease compared to the company's last Quarter revenue of $167.09M (Dec 23).
Harmonic EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 8 | 8 | 10 | 14 | 7 | 7 | 16 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | $9.63M | $-4.45M | $12.88M | $14.00M | $20.50M | $14.74M | $23.00M | $6.88M | $18.32M | $8.39M | $5.10M | $739.00K | $19.97M | $2.11M | $-7.26M | $-13.82M | $11.59M | $20.10M | $-3.24M | $-3.79M | $-4.30M | $-16.00M |
| Avg Forecast | $15.37M | $13.73M | $12.42M | $11.41M | $14.18M | $11.75M | $8.64M | $7.60M | $10.28M | $8.53M | $10.83M | $6.91M | $10.30M | $29.07M | $9.70M | $6.28M | $9.87M | $7.67M | $6.95M | $492.67K | $8.17M | $5.31M | $4.52M | $-15.21M | $7.31M | $7.42M | $5.50M | $-3.79M | $-7.24M | $-12.80M |
| High Forecast | $15.96M | $14.25M | $12.89M | $11.84M | $14.72M | $12.04M | $8.97M | $9.12M | $10.42M | $8.64M | $11.24M | $8.29M | $10.69M | $34.88M | $10.01M | $7.54M | $10.18M | $7.91M | $7.17M | $591.20K | $8.42M | $5.48M | $4.66M | $-12.17M | $7.54M | $7.66M | $5.67M | $-3.03M | $-5.79M | $-10.24M |
| Low Forecast | $14.67M | $13.11M | $11.86M | $10.89M | $13.54M | $11.45M | $8.25M | $6.08M | $10.03M | $8.47M | $10.34M | $5.53M | $9.83M | $23.25M | $9.36M | $5.02M | $9.52M | $7.40M | $6.71M | $394.13K | $7.88M | $5.12M | $4.36M | $-18.25M | $7.05M | $7.16M | $5.30M | $-4.55M | $-8.68M | $-15.36M |
| Surprise % | - | - | - | - | - | - | - | - | 0.94% | -0.52% | 1.19% | 2.03% | 1.99% | 0.51% | 2.37% | 1.10% | 1.86% | 1.09% | 0.73% | 1.50% | 2.45% | 0.40% | -1.61% | 0.91% | 1.59% | 2.71% | -0.59% | 1.00% | 0.59% | 1.25% |
2 analysts predict HLIT's average Quarter EBITDA for Mar 24 to be $7.60M, with a high of $9.12M and a low of $6.08M. This is -21.12% lower than Harmonic's previous annual EBITDA (Dec 23) of $9.63M.
Harmonic Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 8 | 8 | 10 | 14 | 7 | 7 | 16 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $83.84M | $-6.50M | $1.55M | $5.09M | $6.13M | $8.74M | $14.84M | $-1.53M | $19.86M | $1.53M | $-2.01M | $-6.12M | $13.46M | $-5.38M | $-15.40M | $-21.95M | $5.57M | $11.66M | $-11.85M | $-11.31M | $-13.69M | $-24.03M |
| Avg Forecast | $43.48M | $33.36M | $26.46M | $21.63M | $40.07M | $24.73M | $4.41M | $-2.04M | $11.58M | $766.90K | $15.34M | $-1.85M | $16.81M | $5.30M | $10.35M | $-1.68M | $15.16M | $3.64M | $-164.38K | $-4.08M | $17.69M | $-5.90M | $-15.24M | $-24.15M | $8.63M | $24.54M | $-8.05M | $-11.31M | $-23.12M | $-19.22M |
| High Forecast | $45.63M | $35.01M | $27.76M | $22.69M | $42.05M | $27.20M | $4.63M | $-1.63M | $12.74M | $804.78K | $16.09M | $-1.48M | $17.64M | $6.36M | $10.78M | $-1.35M | $15.78M | $3.79M | $-156.78K | $-3.27M | $18.41M | $-5.62M | $-14.54M | $-19.32M | $8.98M | $25.54M | $-7.68M | $-9.04M | $-18.50M | $-15.38M |
| Low Forecast | $40.90M | $31.38M | $24.89M | $20.34M | $37.69M | $22.26M | $4.15M | $-2.44M | $10.42M | $721.47K | $14.43M | $-2.22M | $15.82M | $4.24M | $9.87M | $-2.02M | $14.46M | $3.47M | $-171.09K | $-4.90M | $16.87M | $-6.14M | $-15.86M | $-28.98M | $8.23M | $23.41M | $-8.38M | $-13.57M | $-27.74M | $-23.07M |
| Surprise % | - | - | - | - | - | - | - | - | 7.24% | -8.47% | 0.10% | -2.75% | 0.36% | 1.65% | 1.43% | 0.91% | 1.31% | 0.42% | 12.22% | 1.50% | 0.76% | 0.91% | 1.01% | 0.91% | 0.65% | 0.48% | 1.47% | 1.00% | 0.59% | 1.25% |
Harmonic's average Quarter net income forecast for Mar 24 is $-2.04M, with a range of $-2.44M to $-1.63M. HLIT's average Quarter net income forecast represents a -102.43% decrease compared to the company's last Quarter net income of $83.84M (Dec 23).
Harmonic SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 8 | 8 | 10 | 14 | 7 | 7 | 16 | 11 |
| SG&A | - | - | - | - | - | - | - | - | $41.98M | $39.24M | $42.77M | $39.28M | $36.93M | $36.38M | $36.77M | $36.64M | $35.36M | $34.23M | $33.59M | $34.91M | $32.62M | $28.77M | $27.00M | $31.22M | $30.56M | $31.15M | $29.32M | $28.01M | $31.16M | $34.63M |
| Avg Forecast | $65.96M | $58.92M | $53.30M | $48.96M | $60.86M | $50.42M | $37.07M | $48.77M | $44.10M | $36.62M | $46.46M | $44.34M | $44.18M | $118.61M | $41.63M | $40.31M | $42.36M | $32.90M | $29.84M | $23.27M | $35.05M | $22.80M | $19.39M | $35.85M | $31.36M | $31.85M | $23.60M | $29.16M | $57.04M | $28.32M |
| High Forecast | $68.46M | $61.16M | $55.32M | $50.82M | $63.17M | $51.66M | $38.48M | $58.53M | $44.70M | $37.09M | $48.23M | $53.21M | $45.86M | $142.33M | $42.94M | $48.37M | $43.69M | $33.94M | $30.78M | $27.93M | $36.15M | $23.51M | $20.00M | $43.02M | $32.35M | $32.85M | $24.34M | $34.99M | $68.44M | $33.99M |
| Low Forecast | $62.95M | $56.23M | $50.87M | $46.73M | $58.08M | $49.14M | $35.38M | $39.02M | $43.05M | $36.35M | $44.35M | $35.47M | $42.16M | $94.89M | $40.15M | $32.25M | $40.86M | $31.73M | $28.78M | $18.62M | $33.80M | $21.99M | $18.71M | $28.68M | $30.25M | $30.72M | $22.76M | $23.33M | $45.63M | $22.66M |
| Surprise % | - | - | - | - | - | - | - | - | 0.95% | 1.07% | 0.92% | 0.89% | 0.84% | 0.31% | 0.88% | 0.91% | 0.83% | 1.04% | 1.13% | 1.50% | 0.93% | 1.26% | 1.39% | 0.87% | 0.97% | 0.98% | 1.24% | 0.96% | 0.55% | 1.22% |
Harmonic's average Quarter SG&A projection for Mar 24 is $48.77M, based on 2 Wall Street analysts, with a range of $39.02M to $58.53M. The forecast indicates a 16.17% rise compared to HLIT last annual SG&A of $41.98M (Dec 23).
Harmonic EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 8 | 8 | 10 | 14 | 7 | 7 | 16 | 11 |
| EPS | - | - | - | - | - | - | - | - | $0.75 | $-0.06 | $0.01 | $0.05 | $0.06 | $0.08 | $0.14 | $-0.01 | $0.19 | $0.01 | $-0.02 | $-0.06 | $0.14 | $-0.06 | $-0.16 | $-0.23 | $0.06 | $0.13 | $-0.13 | $-0.13 | $-0.16 | $-0.30 |
| Avg Forecast | $0.38 | $0.29 | $0.23 | $0.19 | $0.35 | $0.21 | $0.04 | $-0.01 | $0.10 | $0.01 | $0.13 | $0.09 | $0.15 | $0.11 | $0.09 | $0.04 | $0.13 | $0.03 | $-0.00 | $0.03 | $0.15 | $-0.05 | $-0.13 | $-0.05 | $0.07 | $0.21 | $-0.07 | $-0.05 | $-0.14 | $-0.04 |
| High Forecast | $0.40 | $0.30 | $0.24 | $0.20 | $0.37 | $0.24 | $0.04 | $-0.01 | $0.11 | $0.01 | $0.14 | $0.10 | $0.15 | $0.11 | $0.09 | $0.04 | $0.14 | $0.03 | $-0.00 | $0.03 | $0.16 | $-0.05 | $-0.13 | $-0.05 | $0.08 | $0.22 | $-0.07 | $-0.05 | $-0.11 | $-0.03 |
| Low Forecast | $0.36 | $0.27 | $0.22 | $0.18 | $0.33 | $0.19 | $0.04 | $-0.01 | $0.09 | $0.01 | $0.13 | $0.09 | $0.14 | $0.10 | $0.09 | $0.04 | $0.13 | $0.03 | $-0.00 | $0.03 | $0.15 | $-0.05 | $-0.14 | $-0.05 | $0.07 | $0.20 | $-0.07 | $-0.06 | $-0.16 | $-0.05 |
| Surprise % | - | - | - | - | - | - | - | - | 7.45% | -8.70% | 0.08% | 0.50% | 0.41% | 0.74% | 1.56% | -0.36% | 1.44% | 0.32% | 14.00% | -1.91% | 0.91% | 1.17% | 1.21% | 4.47% | 0.80% | 0.61% | 1.86% | 2.44% | 1.14% | 7.50% |
According to 2 Wall Street analysts, Harmonic's projected average Quarter EPS for Mar 24 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -100.89% decrease compared to HLIT previous annual EPS of $0.75 (Dec 23).
Harmonic Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DZSI | DZS | $0.60 | $15.67 | 2511.67% | Buy |
| KVHI | KVH Industries | $4.59 | $13.00 | 183.22% | Buy |
| CMTL | Comtech Telecommunications | $3.27 | $9.00 | 175.23% | Hold |
| COMM | CommScope Company | $5.68 | $12.30 | 116.55% | Hold |
| AVNW | Aviat Networks | $22.49 | $44.33 | 97.11% | Buy |
| CLFD | Clearfield | $39.89 | $61.60 | 54.42% | Buy |
| DGII | Digi | $26.64 | $39.80 | 49.40% | Buy |
| EXTR | Extreme Networks | $15.19 | $19.33 | 27.25% | Buy |
| HLIT | Harmonic | $13.59 | $17.00 | 25.09% | Buy |
| NTGR | NETGEAR | $20.91 | $22.00 | 5.21% | Buy |
| JNPR | Juniper Networks | $39.03 | $35.47 | -9.12% | Buy |
| SATS | EchoStar | $25.91 | $14.13 | -45.47% | Hold |
HLIT Forecast FAQ
Is Harmonic a good buy?
Yes, according to 10 Wall Street analysts, Harmonic (HLIT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of HLIT's total ratings.
What is HLIT's price target?
Harmonic (HLIT) average price target is $17 with a range of $13 to $20, implying a 25.09% from its last price of $13.59. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Harmonic stock go up soon?
According to Wall Street analysts' prediction for HLIT stock, the company can go up by 25.09% (from the last price of $13.59 to the average price target of $17), up by 47.17% based on the highest stock price target, and down by -4.34% based on the lowest stock price target.
Can Harmonic stock reach $20?
HLIT's average twelve months analyst stock price target of $17 does not support the claim that Harmonic can reach $20 in the near future.
What are Harmonic's analysts' financial forecasts?
Harmonic's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $656.54M (high $679.07M, low $630.31M), average EBITDA is $42.17M (high $44.85M, low $39.31M), average net income is $67.17M (high $72.25M, low $61.66M), average SG&A $197.12M (high $211.84M, low $181.63M), and average EPS is $0.595 (high $0.636, low $0.55). HLIT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $818.91M (high $850.02M, low $781.58M), average EBITDA is $52.94M (high $54.95M, low $50.52M), average net income is $124.92M (high $131.09M, low $117.52M), average SG&A $227.14M (high $235.77M, low $216.79M), and average EPS is $1.09 (high $1.14, low $1.02).
Did the HLIT's actual financial results beat the analysts' financial forecasts?
Based on Harmonic's last annual report (Dec 2023), the company's revenue was $607.91M, which missed the average analysts forecast of $616.33M by -1.37%. Apple's EBITDA was $22.17M, missing the average prediction of $36.55M by -39.33%. The company's net income was $83.99M, beating the average estimation of $25.83M by 225.13%. Apple's SG&A was $163.28M, missing the average forecast of $171.51M by -4.80%. Lastly, the company's EPS was $0.75, beating the average prediction of $0.332 by 125.68%. In terms of the last quarterly report (Dec 2023), Harmonic's revenue was $167.09M, beating the average analysts' forecast of $158.98M by 5.10%. The company's EBITDA was $9.63M, missing the average prediction of $10.28M by -6.26%. Harmonic's net income was $83.84M, beating the average estimation of $11.58M by 624.01%. The company's SG&A was $41.98M, missing the average forecast of $44.1M by -4.79%. Lastly, the company's EPS was $0.75, beating the average prediction of $0.101 by 645.01%