Harmonic Past Earnings Performance
Past criteria checks 4/6
Harmonic has been growing earnings at an average annual rate of 65.6%, while the Communications industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 11.1% per year. Harmonic's return on equity is 19.8%, and it has net margins of 13.6%.
Key information
65.6%
Earnings growth rate
64.8%
EPS growth rate
| Communications Industry Growth | 23.9% |
| Revenue growth rate | 11.1% |
| Return on equity | 19.8% |
| Net Margin | 13.6% |
| Last Earnings Update | 27 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Harmonic makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 27 Sep 24 | 624 | 85 | 160 | 111 |
| 28 Jun 24 | 555 | 57 | 164 | 111 |
| 29 Mar 24 | 572 | 71 | 167 | 115 |
| 31 Dec 23 | 608 | 84 | 167 | 117 |
| 29 Sep 23 | 605 | 6 | 167 | 118 |
| 30 Jun 23 | 634 | 22 | 164 | 118 |
| 31 Mar 23 | 635 | 35 | 159 | 116 |
| 31 Dec 22 | 625 | 28 | 156 | 111 |
| 30 Sep 22 | 616 | 42 | 155 | 107 |
| 01 Jul 22 | 587 | 35 | 153 | 103 |
| 01 Apr 22 | 543 | 18 | 149 | 99 |
| 31 Dec 21 | 507 | 13 | 138 | 102 |
| 01 Oct 21 | 483 | 7 | 145 | 86 |
| 02 Jul 21 | 451 | 0 | 140 | 80 |
| 02 Apr 21 | 412 | -13 | 134 | 73 |
| 31 Dec 20 | 379 | -29 | 120 | 82 |
| 25 Sep 20 | 369 | -37 | 130 | 71 |
| 26 Jun 20 | 390 | -20 | 133 | 70 |
| 27 Mar 20 | 401 | -17 | 136 | 72 |
| 31 Dec 19 | 403 | -6 | 119 | 85 |
| 27 Sep 19 | 394 | -8 | 128 | 76 |
| 28 Jun 19 | 379 | -28 | 123 | 81 |
| 29 Mar 19 | 394 | -19 | 119 | 84 |
| 31 Dec 18 | 404 | -21 | 119 | 89 |
| 28 Sep 18 | 391 | -36 | 118 | 90 |
| 29 Jun 18 | 382 | -44 | 120 | 89 |
| 30 Mar 18 | 365 | -73 | 124 | 95 |
| 31 Dec 17 | 358 | -83 | 130 | 96 |
| 29 Sep 17 | 370 | -82 | 133 | 97 |
| 30 Jun 17 | 380 | -82 | 133 | 100 |
| 31 Mar 17 | 407 | -71 | 134 | 99 |
| 31 Dec 16 | 406 | -72 | 129 | 97 |
| 30 Sep 16 | 379 | -69 | 125 | 95 |
| 01 Jul 16 | 361 | -58 | 122 | 93 |
| 01 Apr 16 | 355 | -38 | 120 | 89 |
| 31 Dec 15 | 377 | -16 | 121 | 88 |
| 02 Oct 15 | 398 | -13 | 124 | 89 |
| 03 Jul 15 | 423 | -7 | 127 | 90 |
| 03 Apr 15 | 430 | -43 | 129 | 92 |
| 31 Dec 14 | 434 | -46 | 131 | 93 |
| 26 Sep 14 | 446 | -44 | 132 | 94 |
| 27 Jun 14 | 461 | -8 | 133 | 96 |
| 28 Mar 14 | 468 | 26 | 134 | 99 |
| 31 Dec 13 | 462 | 22 | 134 | 100 |
Quality Earnings: HMC has a large one-off loss of $32.8M impacting its last 12 months of financial results to 27th September, 2024.
Growing Profit Margin: HMC's current net profit margins (13.6%) are higher than last year (1.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HMC has become profitable over the past 5 years, growing earnings by 65.6% per year.
Accelerating Growth: HMC's earnings growth over the past year (1183.3%) exceeds its 5-year average (65.6% per year).
Earnings vs Industry: HMC earnings growth over the past year (1183.3%) exceeded the Communications industry -9.9%.
Return on Equity
High ROE: HMC's Return on Equity (19.8%) is considered low.