Harmonic Inc. (HLIT) Q3 2023 Earnings Call Transcript

Oct. 31, 2023 4:45 AM ETHarmonic Inc. (HLIT) StockHLIT
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Q3: 2023-10-30 Earnings Summary

EPS of $0.00 misses by $0.01
 | Revenue of $127.20M (-18.32% Y/Y) misses by $6.29M

Harmonic Inc. (NASDAQ:HLIT) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET

Company Participants

David Hanover - IR
Patrick Harshman - President and CEO
Walter Jankovic - CFO

Conference Call Participants

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

Operator

Welcome to the Third Quarter 2023 Harmonic Earnings Conference Call. My name is Carmen and I'll be your operator for today's call. All participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions]. Please note that today's conference is being recorded.

I will now turn the call over to David Hanover, Investor Relations. David, you may begin.

David Hanover

Thank you, operator. Hello, everyone, and thank you for joining us today for Harmonic's third quarter 2023 financial results conference call. With me today are Patrick Harshman, President and Chief Executive Officer, and Walter Jankovic, Chief Financial Officer.

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

Now turning to Slide 2, 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 projections or forward-looking statements. And please note that unless otherwise indicated, the financial

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