Harmonic Inc. (HLIT) Q1 2023 Earnings Call Transcript

May 08, 2023 11:08 PM ETHarmonic Inc. (HLIT) StockHLIT
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Q1: 2023-05-08 Earnings Summary

EPS of $0.12 beats by $0.03
 | Revenue of $157.65M (6.92% Y/Y) misses by $177.20K

Harmonic Inc. (NASDAQ:HLIT) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET

Company Participants

David Hanover - IR
Patrick Harshman - President and CEO
Jeremy Rosenberg - Interim CFO

Conference Call Participants

Simon Leopold - Raymond James
Ryan Koontz - Needham & Company
Steven Frankel - Rosenblatt
Tim Long - Barclays
Tim Savageaux - Northland Capital Markets
George Notter - Jefferies

Operator

Welcome to the Q1 2023 Harmonic Earnings Conference Call. My name is Latif [ph] and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please note that this conference is being recorded.

I will now turn the call over to Scott [Indiscernible], Investor Relations. Scott, you may begin.

Unidentified Company Representative

Thank you, operator. Hello everyone and thank you for joining us today for Harmonic’s first quarter 2023 financial results conference call. With me today are Patrick Harshman, President and Chief Executive Officer; and Jeremy Rosenberg, Interim Chief Financial Officer.

Before we begin, I’d like to point out that in addition to the audio portion of the webcast, we have also provided slides for this webcast, which you may view by going to our webcast on our Investor Relations website.

Now, turning to slide two, during this call, we will provide projections and other forward-looking statements regarding future events or future financial performance of the company. Such statements are only current expectations and actual events or results may differ materially.

We refer you to documents Harmonic filed with the SEC, including our most recent 10-Q and 10-K reports and the forward-looking statements section of today’s preliminary results press release. These documents identify important risk factors, which can cause actual results to differ materially from those contained in our

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