Harmonic

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Cable Access segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Cable Access segment offers solutions to cable operators. The company was founded in June 1988 and is headquartered in San Jose, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Harmonic achieves record revenue in Q4 2022, poised for growth

Harmonic's Q4 2022 performance showcased record revenue and strong financial metrics, with a positive outlook for growth in 2023. Despite facing challenges in meeting growth targets and addressing analyst inquiries, the company's strategic focus on key segments and technologies presents promising opportunities for the future.

Harmonic posts robust Q1 results, eyes growth amid challenges

Harmonic's Q1 2023 performance reflects strong revenue and margin growth in Broadband and Video segments.
While facing challenges in revenue recognition timing and market share competition, Harmonic is well-positioned for growth.
Opportunities lie in partnerships, segment revenue expectations, and confidence in achieving financial targets.

Harmonic reports solid Q2 results, eyes growth in software and new markets

Harmonic's Q2 2023 performance showcased solid revenue and growth in Broadband and Video SaaS segments.
While facing challenges like soft hardware deliveries and increased expenses, the company remains optimistic about future prospects.
Strengths in software differentiation, customer relationships, and improved lead times position Harmonic for future success.
Opportunities lie in rebounding hardware deliveries, new Tier 1 wins, and DOCSIS 4.0 deployments for future growth.
Overall, Harmonic's focus on market drivers and execution underscores confidence in its long-term strategy.

Harmonic reports Q3 revenue growth in Video SaaS segment

Harmonic's Q3 performance reflected mixed results with revenue growth in Video SaaS but decline in broadband segment.
The company's strengths lie in technological advancements, revenue growth in Video SaaS, and optimism for sustained growth.
Challenges include revenue decline in broadband, book-to-bill ratio below one, and managing margin expectations.
Opportunities exist in strategic reviews, CableOS integration, customer diversification, and value creation for shareholders.

Harmonic achieves record revenue in Q4 2023, eyes growth opportunities

Harmonic's Q4 2023 earnings call highlighted solid performance, revenue growth, and strategic initiatives. While facing challenges related to inventory adjustments and margin impacts, the company's strengths in revenue diversification and deployment expertise position them for future growth opportunities.

Harmonic reports solid Q1 results, eyes growth in broadband market

Harmonic's Q1 performance reflects resilience with strong revenue, backlog, and growth initiatives despite challenges.
The company's strengths in market leadership, supply chain readiness, and strategic focus position it well for future opportunities.
Navigating challenges through urgency in network upgrades, customer transitions, and market dynamics will be key to sustained growth.

Harmonic exceeds Q2 revenue targets, eyes growth amid market challenges

Harmonic's Q2 2024 earnings call showcased robust financial performance, exceeding expectations and demonstrating growth across key segments.
While facing challenges in competitive markets and industry dynamics, the company's strengths in customer base expansion and product innovation position it well for future opportunities.
By addressing challenges, leveraging strengths, and capitalizing on growth opportunities, Harmonic aims to sustain its financial performance and market position in the coming quarters.

Harmonic achieves record Q3 results, eyes growth through innovation

Harmonic delivered exceptional Q3 results with record revenue and EBITDA, driven by strong performance in Broadband and Video segments.
While facing challenges in bookings and liquidity, the company's focus on innovation, social responsibility, and profitability positions it well for future growth.
Opportunities lie in leveraging technology advancements, expanding market reach, and strategic investments to sustain momentum and capitalize on emerging trends.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Broadband segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Broadband segment offers solutions to cable operators broadband access solutions and related services, including cOS software-based broadband access solution, to broadband operators globally. The company was founded in June 1988 and is headquartered in San Jose, CA.

SAN JOSE, Calif., Aug. 31, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Philippines-based service provider Parasat Cable TV is modernizing its broadband operations with Harmonic's CableOS® Cloud-Native Core Platform, further adding to Harmonic's growing roster of cable customers in the Asia-Pacific region.

Parasat Cable TV Transitions Away from Legacy Remote MAC-PHY with Harmonic's Market-Leading DAA Solution

SAN JOSE, Calif., Aug. 24, 2021 /PRNewswire/ --­ Harmonic (NASDAQ: HLIT) today announced that Patrick J.

Harmonic to Participate in Upcoming 2021 Virtual Investor Conferences

Jackson Energy Authority and Harmonic Team Up to Simplify Video Streaming for MVPDs

SAN JOSE, Calif., Aug. 5, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it has expanded the company's board of directors with the appointment of Dan Whalen.

Harmonic Appoints Dan Whalen to its Board of Directors

Harmonic (HLIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Harmonic (HLIT) Upgraded to Buy: Here's Why

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q2 2021 Results - Earnings Call Transcript

SAN JOSE, Calif., Aug. 2, 2021 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2021.

Harmonic Announces Second Quarter 2021 Results

Harmonic (HLIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Harmonic (HLIT) Reports Next Week: What You Should Expect

SAN JOSE, Calif., July 19, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will release its second quarter 2021 financial results after the market close on Monday, August 2, 2021.

Harmonic Announces Reporting Date for Second Quarter 2021 Results

Harmonic (HLIT) enters into a partnership with America Movil's (AMX) unit, Claro Peru, to modernize the latter's broadband infrastructure on the back of its cloud-native CableOS platform.

Harmonic (HLIT) Inks Deal to Revamp Claro Peru's Broadband Services

SAN JOSE, Calif., July 13, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that telecommunications service provider Claro Perú, an América Móvil company, is powering its next-gen broadband services with Harmonic's CableOS® Cloud-Native Core Platform.

Claro Perú on Fast Track for Next-Gen Broadband with Harmonic

SAN JOSE, Calif., June 23, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Telefonica Spain, a leading telecommunications company, has deployed Harmonic's VOS®360 cloud streaming platform for reliable, flexible disaster recovery.

Telefonica Spain Ensures Movistar+ Streaming Service Availability with Harmonic VOS Cloud SaaS

Bear Of The Day: Harmonic (HLIT)

SAN JOSE, Calif., June 4, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that company executives will bring their unique perspectives on the ultra-connected future of broadband at the upcoming ANGA COM online congress, SCTE Live Learning Webinar and Cable Next-Gen Europe Digital Symposium.

Harmonic to Share Insights on the Ultra-Connected Future of Broadband

SAN JOSE, Calif., May 27, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will host two Virtual Investor Events dedicated to its Video and Cable Access business segments.

Harmonic to Host Virtual Investor Events for Video and Cable Access Businesses

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q1 2021 Results - Earnings Call Transcript

Harmonic (HLIT) delivered earnings and revenue surprises of 33.33% and 8.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Harmonic (HLIT) Q1 Earnings and Revenues Surpass Estimates

SAN JOSE, Calif., May 3, 2021 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the first quarter of 2021.

Harmonic Announces First Quarter 2021 Results

SAN JOSE, Calif., May 3, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, has recognized Harmonic as the market share leader in virtual CMTS and distributed access architecture (DAA), reinforcing the company's leadership position in cable broadband.

Harmonic Recognized as Market Share Leader in vCMTS and DAA by Dell'Oro Group

On Monday, May 03, Harmonic (NASDAQ:HLIT) will release its latest earnings report. Benzinga's outlook for Harmonic is included in the following report.

Earnings Outlook for Harmonic

SAN JOSE, Calif., April 29, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that U.S. cable operator Otelco is delivering gigabit speeds and superior broadband experience to rural subscribers with Harmonic's industry-leading CableOS® Cloud-Native Core Platform and CableOS Central analytics service.

Otelco Delivers Tenfold Faster Broadband Speeds and Forges Path to FTTH with Harmonic

Harmonic (HLIT) Reports Next Week: Wall Street Expects Earnings Growth

Harmonic has two business segments: video and cable access. A decision approaches: Should they split these operations?

Video streaming company faces an inflection point: Keep its growing businesses or split them

SAN JOSE, Calif., April 22, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Canadian cable operator Mascon, a Telus brand, is delivering superior broadband experiences to subscribers with Harmonic's industry-leading CableOS® Cloud-Native Core Platform.

Mascon Selects Harmonic's CableOS Platform to Address the Boom in Broadband Usage

SAN JOSE, Calif., April 19, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will release its first quarter 2021 financial results after the market close on Monday, May 3, 2021.

News for Harmonic Stock (HLIT)