Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $6.78 USD
Change Today -0.16 / -2.31%
Volume 468.8K
HLIT On Other Exchanges
As of 5:20 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

harmonic inc (HLIT) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/2/15 - $7.98
52 Week Low
10/13/14 - $5.61
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for HARMONIC INC (HLIT)

Related News

No related news articles were found.

harmonic inc (HLIT) Related Businessweek News

No Related Businessweek News Found

harmonic inc (HLIT) Details

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable customers to create, prepare, and deliver a range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company offers video production platforms and playout solutions, such as video server products used by broadcast and media companies to create play-to-air television channels. It also provides video-optimized storage systems that offer storage capacity and access bandwidth to support media production applications, such as video editing, content transformation, and media library management; and media application server that provides integrated media management and workflow control over content stored across its systems. In addition, the company offers media services framework, which allows building media management applications that automate media processing and movement tasks, collect and organize content metadata, and provide search and review functionality. Further, it offers video processing solutions, including broadcast and distribution encoders; contribution encoders; stream processor and transcoder products; content preparation, storage, and delivery software-based solutions; decoders and descramblers; and management and control software. Additionally, the company provides narrowcast services gateway products that integrate routing, multiplexing, scrambling, and modulation; and offers technical support and professional services, such as program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. The company sells its products to broadcast and media companies, streaming new media companies, cable operators, and satellite and telecommunications Pay-TV service providers. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

1,028 Employees
Last Reported Date: 03/2/15
Founded in 1988

harmonic inc (HLIT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $365.0K
Senior Vice President of Operations
Total Annual Compensation: $281.6K
Senior Vice President of Research & Developme...
Total Annual Compensation: $307.2K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $281.6K
Compensation as of Fiscal Year 2014.

harmonic inc (HLIT) Key Developments

Harmonic Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 3, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015

Harmonic Inc. reported unaudited consolidated earnings results for the first quarter ended April 3, 2015. For the quarter, the company reported net revenue of $104,016,000 against $108,032,000 a year ago. Income from operations was $13,000 against loss from operations of $7,222,000 a year ago. Loss before income taxes was $2,943,000 against $7,133,000 a year ago. Net loss was $2,657,000 or $0.03 per share basic and diluted against $5,410,000 against $0.06 per share basic and diluted a year ago. Net cash provided by operating activities was $2,028,000 against $11,245,000 a year ago. Purchases of property and equipment were $3,651,000 against $3,431,000 a year ago. Non-GAAP income from operations was $6,098,000 against $3,479,000 a year ago. Non-GAAP net income was $4,461,000 or $0.05 per diluted share against $2,820,000 or $0.03 per diluted share a year ago. For the second quarter of 2015, the company expects net revenue in the range of $97 million to $107 million. GAAP gross margins in the range of 51.0% to 52.0%. Non-GAAP gross margin in the second quarter is expected to be in a range of 52% to 53% due to a slightly lower expected mix of software sales in Cable Edge segment, somewhat offset by a modest rebound in video revenue. The company anticipates non-GAAP tax rate for the second quarter to be 21% subject to domestic against international split. The company anticipates non-GAAP tax rate for the full year to be 21%, subject to domestic against international split. The company believes this framework will provide meaningful year-over-year earnings growth through 2015 and beyond.

Harmonic Inc. to Report Q1, 2015 Results on Apr 28, 2015

Harmonic Inc. announced that they will report Q1, 2015 results After-Market on Apr 28, 2015

Harmonic Unveils Harmonic VMA for VOS Platform

Harmonic Inc. has unveiled the Harmonic Virtual Media API, or VMA, an open application control interface for broadcast automation control of its VOS virtualized media processing platform. The VMA, supported by the Electra XVM virtualized media processor and the Electra X family of advanced media processors, has been adopted by service providers and broadcast automation vendors, including Pebble Beach Systems, Dayang Technology Development Inc. and VJU. This VOS platform ecosystem creates a fully integrated, cloud-based playout, graphics and encoding solution that can be used by video content and service providers to create and deliver live linear channels to any device faster, with a lower TCO and amazing video quality. Harmonic's Polaris Advance channel playout automation system, originally integrated with its Spectrum media server family, will support Electra XVM and Electra X media processors. With the open VMA, video content and service providers can now choose between deploying a fully integrated and virtualizable solution for playout, graphics and encoding from Harmonic with Polaris Advance software or can select third-party automation solutions to control those capabilities.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HLIT:US $6.78 USD -0.16

HLIT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Calix Inc $7.55 USD +0.17
Emulex Corp $7.99 USD 0.00
GSI Group Inc $13.24 USD -0.12
Integrated Silicon Solution Inc $18.69 USD -0.01
Spirent Communications PLC 85.50 GBp -1.25
View Industry Companies

Industry Analysis


Industry Average

Valuation HLIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HARMONIC INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at