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Harmonic Inc (HLIT.OQ)

HLIT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Harmonic Inc Reports Quarterly Non-GAAP Earnings Per Share Of $0.11
Tuesday, 5 Feb 2019 

Feb 4 (Reuters) - Harmonic Inc ::HARMONIC ANNOUNCES FOURTH QUARTER AND FISCAL 2018 RESULTS.Q4 GAAP EARNINGS PER SHARE $0.04.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.11.QUARTERLY GAAP REVENUE $113.7 MILLION, UP 13% YEAR OVER YEAR.QUARTERLY NON-GAAP REVENUE $113.6 MILLION, UP 12% YEAR OVER YEAR.SEES Q1 GAAP LOSS PER SHARE IN RANGE OF $0.09 - $0.20.SEES Q1 NON-GAAP LOSS PER SHARE $0.01 - $0.11.SEES FY 2019 GAAP EARNINGS PER SHARE BETWEEN LOSS OF $0.54 AND PROFIT OF $0.02.SEES FY 2019 NON-GAAP EARNINGS PER SHARE BETWEEN LOSS OF $0.16 AND PROFIT OF $0.33.Q1 EARNINGS PER SHARE VIEW $0.00, REVENUE VIEW $100.1 MILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $0.23, REVENUE VIEW $450.1 MILLION -- REFINITIV IBES DATA.  Full Article

Harmonic Inc - Announced A New Partnership With Verimatrix
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Harmonic Inc ::HARMONIC INC - ANNOUNCED A NEW PARTNERSHIP WITH VERIMATRIX.  Full Article

Harmonic Reports Qtrly ‍GAAP Diluted Loss Per Share $0.14​
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Harmonic Inc ::HARMONIC ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS.Q4 REVENUE $101 MILLION.QTRLY ‍GAAP REVENUE $101.0 MILLION, UP 9.7% SEQUENTIALLY​.QTRLY ‍NON-GAAP REVENUE $101.1 MILLION, UP 10.3% SEQUENTIALLY​.QTRLY ‍GAAP DILUTED LOSS PER SHARE $0.14​.QTRLY ‍SHR NON-GAAP DILUTED $0.00​.SEES ‍Q1 2018 NON-GAAP NET REVENUE $ 83.0 MILLION - $ 93.0 MILLION ​.SEES ‍Q1 2018 NON-GAAP LOSS PER SHARE $ 0.10 TO $ 0.01​.SEES ‍ 2018 NON-GAAP NET REVENUE $ 380.0 MILLION - $ 430.0 MILLION ​.SEES ‍ Q1 2018 GAAP LOSS PER SHARE $0.25 TO $0.15​.SEES ‍2018 GAAP LOSS PER SHARE $ 0.63 - $ 0.12​.Q4 EARNINGS PER SHARE VIEW $0.01, REVENUE VIEW $96.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $0.19, REVENUE VIEW $410.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Avid Technology announces global patent cross-licensing agreement with Harmonic​
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Avid Technology Inc : :Avid Technology Inc - ‍announced a global patent cross-licensing agreement with Harmonic Inc.​.Avid Technology Inc - ‍under terms of settlement, Harmonic will pay $6.0 million to Avid​.Avid Technology Inc - ‍ending patent infringement litigation against Harmonic on a mutually acceptable basis without trial​.  Full Article

Harmonic reports Q3 ‍loss per share $0.19
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Harmonic Inc :Harmonic announces third quarter 2017 results.Q3 revenue $92 million versus I/B/E/S view $85.6 million.Qtrly ‍loss per share $0.19.Sees Q4 2017 eps loss $0.19 - $0.08‍​.Sees ‍Q4 2017 net revenue $90 million to $100 million​.Qtrly ‍​non-gaap loss per share $0.01.Sees ‍fy 2017 net revenue $347.9 million to $357.9​ million.  Full Article

Harmonic says entered into a loan and security agreement with Silicon Valley Bank
Tuesday, 3 Oct 2017 

Oct 2 (Reuters) - Harmonic Inc :Harmonic Inc says ‍on Sept 27, 2017, Harmonic entered into a loan and security agreement with Silicon Valley Bank - SEC Filing​.Harmonic Inc - ‍loan agreement provides a secured revolving credit facility in amount of up to $15.0 million.Harmonic Inc - prior to Nov 1, company may borrow up to $7.5 million in excess of borrowing base limit.Harmonic Inc- lender's commitments under agreement terminate, outstanding loans and accrued and unpaid interest are due and payable, on Sept 27, 2019.  Full Article

Harmonic Q2 GAAP loss per share $0.39
Tuesday, 1 Aug 2017 

July 31 (Reuters) - Harmonic Inc :Harmonic announces second quarter 2017 results.Q2 non-GAAP loss per share $0.20.Q2 GAAP loss per share $0.39.Q2 revenue $82.3 million versus I/B/E/S view $84.4 million.Q2 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S.Says ‍bookings for Q2 of 2017 were $91.1 million, compared with $82.1 million for Q1 of 2017​.Harmonic Inc sees Q3 net revenue $80.0 million to $90.0 million.Harmonic Inc sees FY 2017 net revenue $335.5 million to $355.5 million.Harmonic Inc sees Q4 net revenue $90.0 million to $100.0 million.Harmonic Inc sees Q3 loss per share $0.16 to $0.25.Harmonic Inc sees Q4 loss per share $0.07 to $0.18.Harmonic Inc sees FY loss per share $0.94 to $1.11.Harmonic Inc sees Q3 adjusted loss per share $0.03 to $0.11.Harmonic Inc sees FY adjusted loss per share $0.33 to $0.50.  Full Article

Avid's patent infringement claims against Harmonic Inc set to go on trial
Wednesday, 19 Jul 2017 

July 19 (Reuters) - Avid Technology Inc :Avid's patent infringement claims against Harmonic Inc set to proceed to trial.Avid Technology Inc - ‍addressed status of patent infringement litigation which has been ongoing against Harmonic Inc since 2011​.  Full Article

Harmonic sees Q2 non-gaap loss per share of $0.19 to $0.21
Friday, 14 Jul 2017 

July 14 (Reuters) - Harmonic Inc ::Harmonic announces updated guidance for second quarter 2017 results.Sees Q2 2017 non-gaap loss per share $0.19 to $0.21.Sees Q2 2017 gaap loss per share $0.40 to $0.41.Sees Q2 2017 revenue $80 million to $82 million.Harmonic Inc - ‍bookings for Q2 of 2017 are anticipated to be in range of $90.0 million to $91.0 million​.Harmonic - for Q2 of 2017, company anticipates gaap gross margins in range of 41.0 pct to 42.0 pct.Harmonic - for q2 of 2017, company anticipates non-gaap gross margins in range of 48.0 pct to 49.0 pct.Q2 earnings per share view $-0.03, revenue view $98.7 million -- Thomson Reuters I/B/E/S.Harmonic - total contract value (TCV) of bookings grew 90 pct sequentially from $4.0 million in Q1 2017 to $7.6 million in Q2 2017.  Full Article

Harmonic appoints Sanjay Kalra as chief financial officer
Tuesday, 6 Jun 2017 

June 6 (Reuters) - Harmonic Inc :Harmonic appoints Sanjay Kalra as chief financial officer.Former chief financial officer Harold Covert will remain an advisor to company through July.  Full Article