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Harmonic Inc. (HLIT)

Stock Price: $8.11 USD 0.06 (0.68%)
Updated Jan 21, 2021 4:00 PM EST - Market closed
Market Cap 794.69M
Revenue (ttm) 369.48M
Net Income (ttm) -37.17M
Shares Out 97.56M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 21
Last Price $8.11
Previous Close $8.05
Change ($) 0.06
Change (%) 0.68%
Day's Open 8.10
Day's Range 8.01 - 8.19
Day's Volume 511,822
52-Week Range 4.51 - 8.33

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Zacks Investment Research - 2 weeks ago

Investors might want to start 2021 off by looking for some possible big winners. So today we dive into tech stocks with strong growth outlooks that are all trading for under $10 a share.

Other stocks mentioned: ATVI, GLUU, HIMX, MAT
PRNewsWire - 2 weeks ago

SAN JOSE, Calif., Jan. 6, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Patrick J. Harshman, President and CEO of Harmonic, will participate in a fireside chat at the 23rd ...

Zacks Investment Research - 1 month ago

Harmonic (HLIT) partners with Taiwan's TWT Digital Communication to enhance the latter's broadband infrastructure on the back of its CableOS Central analytics service and CableOS Platform.

Zacks Investment Research - 1 month ago

Harmonic (HLIT) partners with Edge Networks to equip the latter's TV service, Evoca, with hybrid streaming and broadcast solution for an enhanced viewing experience.

PRNewsWire - 1 month ago

SAN JOSE, Calif., Dec. 9, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Edge Networks has launched its groundbreaking new Evoca television service with an end-to-end soluti...

Zacks Investment Research - 2 months ago

Harmonic (HLIT) provides its EyeQ content-aware encoding solution to Maldivian cable TV provider, Medianet, to upgrade the latter's video streaming service delivery.

Zacks Investment Research - 2 months ago

Harmonic's (HLIT) gets tapped by Primary Video Stream Contribution to accelerate the delivery of customized live video content across the globe.

PRNewsWire - 2 months ago

SAN JOSE, Calif., Nov. 3, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Trinity Christian Centre, a house of worship in Singapore, has deployed Harmonic's advanced VOSĀ®360 ...

The Motley Fool - 2 months ago

The video delivery specialist reported third-quarter results and issued soft guidance.

Seeking Alpha - 2 months ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Harmonic (HLIT) delivered earnings and revenue surprises of 160.00% and 14.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 2 months ago

Shares of Harmonic (NASDAQ:HLIT) fell 3.7% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 88.00% over the past year to $0.03, whi...

PRNewsWire - 2 months ago

SAN JOSE, Calif., Oct. 26, 2020 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the third quarter of 2020. "Harmonic's third quarter results were driven ...

Zacks Investment Research - 3 months ago

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.

Zacks Investment Research - 3 months ago

Harmonic (HLIT) achieves a major 10G milestone with the launch of breakthrough upstream gigabit solution that offers two-way gigabit services to address accretive upstream bandwidth demand.

Zacks Investment Research - 3 months ago

Harmonic (HLIT) achieves a major milestone with the deployment of CableOS virtualized access system in more than 2 million cable modems, thereby accelerating broadband expansion momentum.

PRNewsWire - 4 months ago

SAN JOSE, Calif., Aug. 28, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) ("Harmonic" or the "Company") today announced that Patrick J.

Zacks Investment Research - 5 months ago

Top Ranked Momentum Stocks to Buy for August 21st

Other stocks mentioned: ISDR, KELYA, SYKE
The Motley Fool - 5 months ago

The tech company's outlook for the rest of the year is impressive.

Seeking Alpha - 5 months ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

Harmonic (HLIT) delivered earnings and revenue surprises of 53.85% and 6.32%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 5 months ago

Harmonic Inc. HLIT, +0.71% shares surged in the extended session Monday after the video-services company topped Wall Street estimates for the quarter and issued a strong outlook for the year.

PRNewsWire - 5 months ago

SAN JOSE, Calif., Aug. 3, 2020 /PRNewswire/ -- Harmonic Inc.

Zacks Investment Research - 5 months ago

Harmonic (HLIT) collaborates with Millicom to streamline network connectivity with high broadband speeds through its avant-garde CableOS solution.

PRNewsWire - 5 months ago

SAN JOSE, Calif., July 27, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will partner with SES for technology upgrades associated with the SES transition plan filed with...

Zacks Investment Research - 5 months ago

Harmonic (HLIT) collaborates with Ritter Communications to streamline network connectivity with high broadband speeds through CableOS solution.

PRNewsWire - 6 months ago

SAN JOSE, Calif., July 14, 2020 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced that it will release its second quarter 2020 financial results after the market close on Monday, Au...

Zacks Investment Research - 6 months ago

Harmonic (HLIT) collaborates with SportsMax to optimize live video delivery with flexible and real-time scaling of premium sports events through its VOS 360 Live Streaming Platform.

PRNewsWire - 7 months ago

SAN JOSE, Calif., June 18, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that SportsMax, a leading sports channel in the Caribbean and a subsidiary of the Digicel Group, is usin...

PRNewsWire - 7 months ago

SAN JOSE, Calif., June 8, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Sanjay Kalra, chief financial officer of Harmonic Inc, will present at the Stifel 2020 Virtual Cross...

PRNewsWire - 7 months ago

SAN JOSE, Calif., May 29, 2020 /PRNewswire/ -- Harmonic Inc. ("Harmonic") (NASDAQ: HLIT) today announced that it has entered into separate privately negotiated transactions to exchange approxi...

Zacks Investment Research - 8 months ago

Harmonic (HLIT) deploys an advanced version of virtualized cable access network solution, CableOS Reef, to address the burgeoning demands of high network capacity requirements.

The Motley Fool - 8 months ago

The telecommunications infrastructure company reported disappointing results and pulled its 2020 guidance.

Seeking Alpha - 8 months ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 8 months ago

Harmonic (HLIT) delivered earnings and revenue surprises of -100.00% and -7.16%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 8 months ago

Harmonic (HLIT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 9 months ago

Harmonic (HLIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research - 11 months ago

Figuring out bloated toxic stocks on a consistent basis and discarding them at the right time is the key to successful investing.

Other stocks mentioned: CSII, IAC, MIME, MYGN
Seeking Alpha - 11 months ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 11 months ago

Harmonic (HLIT) delivered earnings and revenue surprises of 50.00% and 8.10%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

Harmonic (HLIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks Investment Research - 1 year ago

Harmonic (HLIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The Motley Fool - 1 year ago

The company's CableOS solution helped drive revenue and earnings higher.

Seeking Alpha - 1 year ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Harmonic (HLIT) delivered earnings and revenue surprises of 13.64% and 0.74%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

Harmonic (HLIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Seeking Alpha - 1 year ago

Harmonic Inc. (HLIT) CEO Patrick Harshman on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Harmonic (HLIT) delivered earnings and revenue surprises of 42.86% and -0.31%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 1 year ago

On Monday, July 29, Harmonic (NASDAQ: HLIT) will release its latest earnings report.

About HLIT

Harmonic, together with its subsidiaries, provide video delivery software, products, system solutions, and services 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 operates in two segments, Video and Cable Access. The Video segment sells video processing, and production and playout solutions and services to cable operators, and satellite and telecommunications Pay-Tv ser... [Read more...]

Industry
Communication Equipment
IPO Date
May 22, 1995
CEO
Patrick Harshman
Employees
1,162
Stock Exchange
NASDAQ
Ticker Symbol
HLIT
Full Company Profile

Financial Performance

In 2019, Harmonic's revenue was $402.87 million, a decrease of -0.17% compared to the previous year's $403.56 million. Losses were -$5.92 million, -71.84% less than in 2018.

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for Harmonic stock is "Buy." The 12-month stock price forecast is 8.38, which is an increase of 3.39% from the latest price.

Price Target
$8.38
(3.39% upside)
Analyst Consensus: Buy