🟢 Harmonic is trading 5% up today after strong broadband revenue and higher 2026 guidance

Harmonic is trading 5% up at $13.76 as investors continued digesting August 12 earnings showing broadband revenue of $133.5 million, up 54% year over year and exceeding estimates.

• Management raised full-year 2026 broadband revenue guidance to $505 million–$525 million and EPS guidance to $0.67–$0.75.
• Record $587.6 million backlog and deferred revenue supported the outlook.
• The June Video-business sale completed Harmonic’s transition to a pure-play broadband provider.