Harmonic Inc. (HLIT)
Stock Price Chart
Key Info
| Market Cap | 677.99M |
| Revenue (ttm) | 401.18M |
| Net Income (ttm) | -16.57M |
| Shares Out | 96.58M |
| EPS (ttm) | -0.18 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Aug 4, 2020 |
| Last Price | $7.02 |
| Previous Close | $5.62 |
| Change ($) | 1.40 |
| Change (%) | 24.91% |
| Day's Open | 6.50 |
| Day's Range | 6.30 - 7.37 |
| Day's Volume | 5,694,122 |
| 52-Week Range | 4.44 - 8.57 |
More Stats
| Market Cap | 677.99M |
| Enterprise Value | 758.28M |
| Earnings Date (est) | Nov 2, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 96.58M |
| Float | 87.41M |
| EPS (basic) | -0.17 |
| EPS (diluted) | -0.18 |
| FCF / Share | -0.04 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
| Payout Ratio | n/a |
| Shares Short | 6.85M |
| Short Ratio | 11.75 |
| Short % of Float | 10.18% |
| Beta | 0.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| P/FCF Ratio | n/a |
| PS Ratio | 1.69 |
| PB Ratio | 2.26 |
| Revenue | 401.18M |
| Operating Income | 3.44M |
| Net Income | -16.57M |
| Free Cash Flow | -3.84M |
| Net Cash | -80.30M |
| Net Cash / Share | -0.83 |
| Gross Margin | 55.94% |
| Operating Margin | 0.86% |
| Profit Margin | -4.10% |
| FCF Margin | -0.96% |
| ROA | 0.94% |
| ROE | -7.25% |
| ROIC | -2.00% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 403 | 404 | 358 | 406 | 377 | 434 | 462 | 477 | 491 | 423 |
| Revenue Growth | -0.17% | 12.65% | -11.74% | 7.66% | -13.04% | -6.14% | -3.13% | -2.85% | 15.95% | - |
| Gross Profit | 223 | 209 | 170 | 201 | 203 | 212 | 220 | 221 | 237 | 195 |
| Operating Income | 13.08 | -5.01 | -70.88 | -67.04 | -12.95 | -21.57 | -23.02 | -17.92 | 1.51 | 5.14 |
| Net Income | -5.92 | -21.04 | -82.96 | -72.31 | -15.66 | -46.25 | 37.03 | -10.94 | 8.78 | -4.34 |
| Shares Outstanding | 89.58 | 85.62 | 80.97 | 77.71 | 87.51 | 92.51 | 107 | 116 | 115 | 101 |
| Earnings Per Share | -0.07 | -0.25 | -1.02 | -0.93 | -0.18 | -0.50 | 0.34 | -0.09 | 0.08 | -0.04 |
| Operating Cash Flow | 31.30 | 12.28 | 3.06 | 0.44 | 6.35 | 47.37 | 53.76 | 70.81 | 45.18 | 17.57 |
| Capital Expenditures | -10.33 | -7.04 | -11.40 | -15.11 | -14.36 | -10.07 | -14.58 | -12.61 | -17.27 | -35.62 |
| Free Cash Flow | 20.97 | 5.24 | -8.34 | -14.67 | -8.01 | 37.30 | 39.18 | 58.20 | 27.91 | -18.06 |
| Cash & Equivalents | 93.06 | 65.99 | 57.02 | 62.56 | 153 | 105 | 171 | 201 | 162 | 120 |
| Total Debt | 152 | 135 | 132 | 124 | 98.30 | - | - | - | - | - |
| Net Cash / Debt | -58.58 | -68.68 | -74.67 | -61.89 | 54.50 | 105 | 171 | 201 | 162 | 120 |
| Assets | 587 | 511 | 508 | 554 | 525 | 481 | 606 | 718 | 734 | 720 |
| Liabilities | 332 | 283 | 290 | 283 | 197 | 109 | 112 | 164 | 170 | 200 |
| Book Value | 252 | 228 | 218 | 271 | 328 | 372 | 494 | 553 | 564 | 520 |
Company Profile
Company Details
| Full Name | Harmonic Inc. |
| Country | United States |
| Employees | 1,170 |
| CEO | Patrick J. Harshman |
Stock Information
| Ticker Symbol | HLIT |
| Stock Exchange | NASDAQ |
| Sector | Technology |
| Industry | Communication Equipment |
| Unique Identifier | NASDAQ: HLIT |
| IPO Date | May 22, 1995 |
Description
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 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 service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing solutions include network management and application software, and hardware products, such as cloud media processing, broadcast and over-the-top encoders, contribution encoders, high-density transcoders and stream processing, multiscreen delivery, decoders and descramblers, and video servers. This segment also provides video-optimized storage systems; and unified video playout and processing software-as-a-service solutions. The Cable Access segment offers cable edge solutions and related services, including CableOS software-based cable access solutions; and narrowcast services gateway products primarily to cable operators. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, system testing, and training. Harmonic Inc. sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was founded in 1988 and is headquartered in San Jose, California.