Harmonic beat earnings estimates but missed revenue forecasts, raised 2026 profit outlook, lowered revenue guidance, and saw stock rise.

Harmonic (HLIT) reported Q4 2025 earnings of $0.14 per share, beating estimates by $0.04, though revenue came in at $98.24 million, below the $140.98 million expected. The company raised its FY 2026 earnings guidance to $0.46–$0.63 per share, above the $0.39 consensus, but lowered revenue guidance to $440–$480 million, below the $621.7 million estimate. Q1 2026 guidance is $0.11–$0.12 per share. The stock rose $0.17 to $10.73 on higher-than-average volume.