# Harmonic raises annual outlook as quarterly revenue grows 64%

_Published Tuesday, November 3, 2026 at 1:06 PM EST · Products · Latest · Tier 2 — Notable_

![Harmonic raises annual outlook as quarterly revenue grows 64% — Primary](https://s.yimg.com/lo/mysterio/api/c1ba850a3e216a1810535c743b8e8724d34f0442845ce16b6cc82328c0ff8fe0/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fmarketbeat_955%2F3a82ec8bd21b146db9a5258b20207de0.jpg)

Harmonic raised its 2026 revenue outlook to $545 million to $555 million after third-quarter revenue increased 64% year over year to $148.8 million. The company now forecasts non-GAAP earnings per share of $0.80 to $0.84, its third outlook increase for the year.

Revenue from customers outside its two largest accounts more than doubled and represented 46% of quarterly revenue, supported by expanding deployments. Higher memory and component costs are expected to pressure margins into 2027, while elevated inventory contributed to negative third-quarter free cash flow.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/harmonic-hlit-said-q3-earnings-001411898.html)

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Canonical: https://techandbusiness.org/newswire/yjvRnWEDjVkzsKvEZ4HPa5
Published: 2026-11-03T18:06:31.939Z
Story chronology: 2026-11-03T00:14:11.000Z
Retrieved: 2026-11-03T20:46:39.455Z
Publisher: Tech & Business (techandbusiness.org)