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harmonic inc. - HLIT

HLIT

Close Chg Chg %
8.88 0.02 0.23%

Closed Market

8.90

+0.02 (0.23%)

Volume: 1.03M

Last Updated:

Apr 17, 2025, 4:00 PM EDT

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Company Overview: harmonic inc. - HLIT

HLIT Key Data

Open

$8.90

 Day Range

8.77 - 8.99

52 Week Range

7.91 - 15.46

 Market Cap

$1.04B

Shares Outstanding

117.05M

 Public Float

113.31M

Beta

0.92

 Rev. Per Employee

N/A

P/E Ratio

26.66

 EPS

$0.33

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.14M

  

HLIT Performance

1 Week
 
 -0.56%
 
1 Month
 
 -12.66%
 
3 Months
 
 -28.23%
 
1 Year
 
 -8.06%
 
5 Years
 
 33.83%
 

HLIT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About harmonic inc. - HLIT

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.

HLIT At a Glance

Harmonic, Inc.
2590 Orchard Parkway
San Jose, California 95131
Phone 1-408-542-2500 Revenue 678.72M
Industry Telecommunications Equipment Net Income 39.22M
Sector Electronic Technology 2024 Sales Growth 11.649%
Fiscal Year-end 12 / 2025 Employees 1,240
View SEC Filings

HLIT Valuation

P/E Current 26.663
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 39.635
Price to Sales Ratio 2.29
Price to Book Ratio 3.319
Price to Cash Flow Ratio 25.238
Enterprise Value to EBITDA 15.33
Enterprise Value to Sales 2.359
Total Debt to Enterprise Value 0.093

HLIT Efficiency

Revenue/Employee 547,356.452
Income Per Employee 31,626.613
Receivables Turnover 3.723
Total Asset Turnover 0.864

HLIT Liquidity

Current Ratio 2.17
Quick Ratio 1.788
Cash Ratio 0.607

HLIT Profitability

Gross Margin 52.193
Operating Margin 13.596
Pretax Margin 8.536
Net Margin 5.778
Return on Assets 4.992
Return on Equity 8.694
Return on Total Capital 6.392
Return on Invested Capital 7.35

HLIT Capital Structure

Total Debt to Total Equity 31.878
Total Debt to Total Capital 24.172
Total Debt to Total Assets 18.472
Long-Term Debt to Equity 29.125
Long-Term Debt to Total Capital 22.085
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Harmonic Inc. - HLIT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
507.15M 624.96M 607.91M 678.72M
Sales Growth
+33.87% +23.23% -2.73% +11.65%
Cost of Goods Sold (COGS) incl D&A
259.89M 320.80M 306.93M 324.48M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
13.05M 12.26M 12.26M 12.14M
Depreciation
12.55M 12.26M 12.26M 12.14M
Amortization of Intangibles
- - - 507.00K
-
COGS Growth
+39.91% +23.44% -4.32% +5.72%
Gross Income
247.26M 304.16M 300.98M 354.24M
Gross Income Growth
+28.07% +23.01% -1.05% +17.70%
Gross Profit Margin
+48.75% +48.67% +49.51% +52.19%
2021 2022 2023 2024 5-year trend
SG&A Expense
227.77M 254.76M 277.31M 261.96M
Research & Development
89.69M 108.05M 114.03M 108.84M
Other SG&A
138.09M 146.72M 163.28M 153.12M
SGA Growth
+12.70% +11.85% +8.85% -5.53%
Other Operating Expense
- - - -
-
Unusual Expense
(19.00K) 3.57M 1.70M 30.55M
EBIT after Unusual Expense
19.51M 45.82M 21.97M 61.74M
Non Operating Income/Expense
(13.00K) 3.71M (135.00K) 3.52M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
10.63M 5.04M 2.70M 7.33M
Interest Expense Growth
-7.68% -52.56% -46.51% +171.74%
Gross Interest Expense
10.63M 5.04M 2.70M 7.33M
Interest Capitalized
- - - -
-
Pretax Income
8.87M 44.48M 19.14M 57.93M
Pretax Income Growth
+133.84% +401.47% -56.97% +202.66%
Pretax Margin
+1.75% +7.12% +3.15% +8.54%
Income Tax
(4.38M) 16.30M (64.85M) 18.72M
Income Tax - Current - Domestic
89.00K 7.68M 24.02M 30.50M
Income Tax - Current - Foreign
2.47M 3.73M 3.98M 4.65M
Income Tax - Deferred - Domestic
- - (94.05M) (19.05M)
-
Income Tax - Deferred - Foreign
(6.94M) 4.89M 1.19M 2.61M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
13.25M 28.18M 83.99M 39.22M
Minority Interest Expense
- - - -
-
Net Income
13.25M 28.18M 83.99M 39.22M
Net Income Growth
+145.28% +112.63% +198.04% -53.31%
Net Margin Growth
+2.61% +4.51% +13.82% +5.78%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
13.25M 28.18M 83.99M 39.22M
Preferred Dividends
- - - -
-
Net Income Available to Common
13.25M 28.18M 83.99M 39.22M
EPS (Basic)
0.1306 0.2682 0.7523 0.3407
EPS (Basic) Growth
+143.27% +105.36% +180.50% -54.71%
Basic Shares Outstanding
101.48M 105.08M 111.65M 115.12M
EPS (Diluted)
0.1248 0.2508 0.7157 0.3338
EPS (Diluted) Growth
+141.35% +100.96% +185.37% -53.36%
Diluted Shares Outstanding
106.17M 112.38M 117.36M 117.48M
EBITDA
32.54M 61.65M 35.92M 104.42M
EBITDA Growth
+387.61% +89.45% -41.73% +190.68%
EBITDA Margin
+6.42% +9.87% +5.91% +15.38%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 12.10
Number of Ratings 6 Current Quarters Estimate 0.087
FY Report Date 06 / 2025 Current Year's Estimate 0.58
Last Quarter’s Earnings 0.05 Median PE on CY Estimate N/A
Year Ago Earnings 0.78 Next Fiscal Year Estimate 0.938
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 5
Mean Estimate 0.09 0.17 0.58 0.94
High Estimates 0.12 0.19 0.69 1.22
Low Estimate 0.04 0.16 0.54 0.82
Coefficient of Variance 30.67 7.88 9.69 18.19

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 4
OVERWEIGHT 1 1 1
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Harmonic Inc. - HLIT

Date Name Shares Transaction Value
Feb 27, 2025 Dan Whalen Director 9,840 Open market or private purchase of non-derivative security Non-derivative transaction at $9.99 per share 98,301.60
Feb 26, 2025 Walter F. Jankovic Chief Financial Officer 75,264 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Walter F. Jankovic Chief Financial Officer 33,223 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Timothy C. Chu General Counsel & SVP, HR 45,879 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Walter F. Jankovic Chief Financial Officer 72,926 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.52 per share 767,181.52
Feb 26, 2025 Nimrod Ben-Natan President and CEO; Director 233,645 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Walter F. Jankovic Chief Financial Officer 101,954 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Neven Haltmayer SVP & GM, Video Business 66,270 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2025 Timothy C. Chu General Counsel & SVP, HR 48,426 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Nimrod Ben-Natan President and CEO; Director 53,807 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Nimrod Ben-Natan President and CEO; Director 23,213 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 David A. Krall Director 175,597 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Dana L. Filip-Crandall Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Dana L. Filip-Crandall Director 8,909 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Timothy C. Chu General Counsel & SVP, HR 20,892 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Timothy C. Chu General Counsel & SVP, HR N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Timothy C. Chu General Counsel & SVP, HR 97,531 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.06 per share 981,161.86
Feb 20, 2025 Neven Haltmayer SVP & GM, Video Business 20,195 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Stephanie Copeland Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Neven Haltmayer SVP & GM, Video Business N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Harmonic Inc. in the News