harmonic (nasdaq: hlit), the worldwide leader in video delivery technology and services, enables media companies and service providers to deliver ultra-high-quality broadcast and ott video services to consumers globally. the company has also revolutionized cable access networking via the industry’s first virtualized ccap solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers’ homes and mobile devices. whether simplifying ott video delivery via innovative cloud and software-as-a-service (saas) technologies or powering the delivery of gigabit internet cable services, harmonic is changing the way media companies and service providers monetize live and vod content on every screen. more information is available at www.harmonicinc.com.
Company profile
Ticker
HLIT
Exchange
Website
CEO
Patrick Harshman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HARMONIC LIGHTWAVES INC
SEC CIK
Corporate docs
Subsidiaries
Harmonic Delaware, L.L.C. • Harmonic Germany GmbH • Harmonic India Private Limited • Harmonic International GmbH • Harmonic International Inc • Harmonic Lightwaves (Israel) Ltd • Harmonic Singapore P.T.E. Ltd. • Harmonic Technologies (HK) Limited • Harmonic (UK) Limited • Harmonic Video Networks Ltd. ...
IRS number
770201147
HLIT stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
18 Apr 24
8-K
Harmonic Announces CEO Succession
8 Apr 24
10-K
2023 FY
Annual report
16 Feb 24
8-K/A
Other Events
31 Jan 24
8-K
Other Events
30 Jan 24
8-K
Harmonic Announces Fourth Quarter and Fiscal 2023 Results
29 Jan 24
8-K
Entry into a Material Definitive Agreement
21 Dec 23
8-K
Departure of Directors or Certain Officers
6 Dec 23
UPLOAD
Letter from SEC
10 Nov 23
S-8
Registration of securities for employees
3 Nov 23
Transcripts
HLIT
Earnings call transcript
2023 Q4
29 Jan 24
HLIT
Earnings call transcript
2023 Q3
30 Oct 23
HLIT
Earnings call transcript
2023 Q2
31 Jul 23
HLIT
Earnings call transcript
2023 Q1
8 May 23
HLIT
Earnings call transcript
2022 Q4
30 Jan 23
HLIT
Earnings call transcript
2022 Q3
1 Nov 22
HLIT
Earnings call transcript
2022 Q2
2 Aug 22
HLIT
Earnings call transcript
2022 Q1
3 May 22
HLIT
Earnings call transcript
2021 Q4
1 Feb 22
HLIT
Earnings call transcript
2021 Q3
2 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 75.62 mm | 75.62 mm | 75.62 mm | 75.62 mm | 75.62 mm | 75.62 mm |
Cash burn (monthly) | (no burn) | 2.47 mm | 2.96 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 16.60 mm | 19.88 mm | n/a | n/a | n/a |
Cash remaining | n/a | 59.02 mm | 55.74 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | 23.9 | 18.8 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 212 |
Opened positions | 33 |
Closed positions | 43 |
Increased positions | 81 |
Reduced positions | 77 |
13F shares | Current |
---|---|
Total value | 1.06 tn |
Total shares | 116.95 mm |
Total puts | 161.00 k |
Total calls | 766.50 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 17.15 mm | $165.12 bn |
Trigran Investments | 9.64 mm | $92.80 bn |
Vanguard | 9.40 mm | $90.49 bn |
Wellington Management | 7.81 mm | $75.17 bn |
CMCSA Comcast Corp - Ordinary Shares | 6.64 mm | $31.36 mm |
Scopia Capital Management | 5.65 mm | $54.40 bn |
STT State Street | 4.02 mm | $38.71 bn |
Dimensional Fund Advisors | 3.31 mm | $31.84 bn |
Polar Asset Management Partners | 2.87 mm | $27.65 bn |
Geode Capital Management | 2.34 mm | $22.55 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Feb 24 | Clifford Deborah | RSU Common Stock | Grant | Acquire A | No | No | 0 | 12,107 | 0.00 | 12,107 |
16 Feb 24 | Gallagher Patrick | RSU Common Stock | Grant | Acquire A | No | No | 0 | 12,107 | 0.00 | 12,107 |
16 Feb 24 | Walter Jankovic | RSU Common Stock | Grant | Acquire A | No | No | 0 | 96,852 | 0.00 | 96,852 |
16 Feb 24 | Sophia Kim | RSU Common Stock | Grant | Acquire A | No | No | 0 | 12,107 | 0.00 | 12,107 |
16 Feb 24 | Swenson Susan | RSU Common Stock | Grant | Acquire A | No | No | 0 | 12,107 | 0.00 | 12,107 |
15 Feb 24 | Sophia Kim | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,446 | 0.00 | 21,572 |
15 Feb 24 | Sophia Kim | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,446 | 0.00 | 0 |
15 Feb 24 | Swenson Susan | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,446 | 0.00 | 244,666 |
15 Feb 24 | Swenson Susan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,446 | 0.00 | 0 |
News
Demystifying Harmonic: Insights From 4 Analyst Reviews
17 Apr 24
Needham Reiterates Buy on Harmonic, Maintains $18 Price Target
17 Apr 24
Why Tilray Brands Shares Are Trading Lower By Around 22%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
9 Apr 24
Needham Reiterates Buy on Harmonic, Maintains $18 Price Target
9 Apr 24
12 Information Technology Stocks Moving In Tuesday's Intraday Session
9 Apr 24
Press releases
Harmonic Announces Reporting Date for First Quarter 2024 Results
15 Apr 24
Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShift
12 Apr 24
Filmocentro Enhances Playout Efficiency with Harmonic's Cloud Solutions
11 Apr 24
Harmonic Introduces State-of-the-Art In-Stream Advertising for Live Sports Streaming
10 Apr 24
Harmonic Announces Conference Call to Discuss Recent Company Announcements
9 Apr 24