Harmonic Launches New High-Density Remote OLT to Simplify Fiber Broadband Service

5/13/24 3:07:30 AM ET

Radio And Television Broadcasting And Communications Equipment

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Harmonic (NASDAQ:HLIT) today announced the launch of its new the Pearl Remote Optical Line Termination (R-OLT) module for fiber broadband service delivery from Harmonic's versatile Ripple and Oyster node enclosures. Pearl R-OLT is Harmonic's latest innovation and joins the company's broad ecosystem of fiber and DOCSIS edge devices powered by the cOS™ virtualized core.

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Recent Analyst Ratings for
$HLIT

Date	Price Target	Rating	Analyst
10/29/2024		Buy → Hold	Jefferies
10/29/2024	$17.00 → $14.00	Strong Buy → Outperform	Raymond James
8/10/2023	$15.00 → $16.00	Outperform → Strong Buy	Raymond James
1/9/2023	$14.25 → $19.00	Hold → Buy	Jefferies
5/24/2022	$15.00	Buy	Rosenblatt
4/21/2022	$11.00	Equal Weight → Overweight	Barclays
11/2/2021	$13.00 → $14.00	Buy	Needham
11/2/2021	$11.00 → $12.00	Outperform	Raymond James

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$HLIT
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Romanesque Capital Supports Sale of Harmonic Inc. to Maximize Shareholder Value
Romanesque Capital Management, LLC (collectively with its affiliates, "Romanesque Capital"), which is a long-term shareholder of Harmonic, Inc. (NASDAQ:HLIT), today issued the following statement regarding its support of a strategic review aimed at a sale to maximize shareholder value: "We have long held high conviction in Harmonic's market leading products, valuable partnerships and disruptive innovation, having been invested since 2016. Despite these tailwinds, the company has been unable to realize value in its stock price. This is why we were extremely encouraged to review Ancora Holdings' presentation outlining its analysis of the value opportunity at Harmonic and are in full support
11/18/24 1:15:00 PM ET
$HLIT
Radio And Television Broadcasting And Communications Equipment
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Ancora Releases Presentation Highlighting the Opportunity for Significant Near-Term Value Creation at Harmonic
Analysis Suggests Harmonic, Which Trades at ~$12, Can Drive Share Price Appreciation by Meeting 2026 Broadband Targets or Through a Sale Process That Could Deliver ~$20 Per Share Contends There is a Clear Opportunity for Harmonic to Attract Interest from Well-Capitalized Acquirers, Such as Ciena Corporation Fears Management's Poor Investor Communication Has Caused Harmonic to Trade at a Depressed Multiple Despite Strong Financials, Best-in-Class Products and Market-Leading Innovation Urges Harmonic's Refreshed Board to Evaluate Company's Standalone Prospects Versus Viable Sale Options Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora"), a significant shareholder
11/18/24 9:00:00 AM ET
$HLIT
Radio And Television Broadcasting And Communications Equipment
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Harmonic Announces Third Quarter 2024 Results
Record revenue with Broadband revenue up 92% year over year Video returned to profitability with greater than 10% Adjusted EBITDA margin SAN JOSE, Calif., Oct. 28, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ:HLIT) today announced its unaudited results for the third quarter of 2024. "Our third quarter results demonstrated strong execution as we achieved record total company revenue and Adjusted EBITDA, with both broadband and video revenue exceeding expectations," said Nimrod Ben-Natan, president and chief executive officer of Harmonic. "This strong quarterly performance coupled
10/28/24 4:05:00 PM ET
$HLIT
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$HLIT
Leadership Updates

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Harmonic Appoints Neel Dev to its Board of Directors
SAN JOSE, Calif., July 23, 2024 /PRNewswire/ -- Harmonic (NASDAQ:HLIT) today announced it has expanded the company's board of directors with the appointment of Neel Dev. "I'm delighted to welcome Neel to our board," said Nimrod Ben-Natan, president and CEO of Harmonic. "His extensive finance and operational leadership experience in the telecom and broadband industries make him an excellent addition, as we continue to drive profitable growth in our broadband and video businesses globally." Mr. Dev currently serves as the chief financial officer and chief revenue officer of Cong
7/23/24 4:15:00 PM ET
$HLIT
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Harmonic Appoints Walter Jankovic as Chief Financial Officer
SAN JOSE, Calif., May 22, 2023 /PRNewswire/ -- Harmonic Inc. (NASDAQ:HLIT) today announced that it has appointed Walter Jankovic as chief financial officer, effective immediately. Mr. Jankovic brings over 30 years of executive experience from a range of leading technology companies. He was most recently senior vice president and general manager, datacom business unit, at Lumentum, a provider of optical and photonic products. Prior to this, he served as president, optical connectivity, at Oclaro, Inc. (acquired by Lumentum). Previously, Mr. Jankovic served in a number of seni
5/22/23 4:05:00 PM ET
$HLIT
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Faraday Future Intelligent Electric Inc. Announces Completion of Special Committee Investigation
Company Appoints Susan Swenson Executive Chairperson to Provide Oversight of the Senior Executive Leadership Team Internal Controls Strengthened as Board of Directors Implements Special Committee Actions Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that the special committee of independent Company directors (the "Special Committee") has completed its previously announced investigation into allegations of inaccurate disclosures, including claims contained in a short seller report issued during October 2021. Based on its work, the Special Commit
2/1/22 6:00:00 PM ET
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Market Insights

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Evaluating Harmonic: Insights From 4 Financial Analysts
Across the recent three months, 4 analysts have shared their insights on Harmonic (NASDAQ:HLIT), expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 2 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $18.0, along with a high esti
7/18/24 3:01:03 PM ET
$HLIT
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Deep Dive Into Harmonic Stock: Analyst Perspectives (4 Ratings)
In the latest quarter, 4 analysts provided ratings for Harmonic (NASDAQ:HLIT), showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 2 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Harmonic, presenting an average target of $18.0, a high estimate of $18.00, and a low estimate of $18.00. No alteration is observed as the current average remains at
7/18/24 8:04:51 AM ET
$HLIT
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Rosenblatt Maintains Buy on Harmonic, Maintains $18 Price Target
Rosenblatt analyst Steve Frankel maintains Harmonic (NASDAQ:HLIT) with a Buy and maintains $18 price target.
7/18/24 7:58:46 AM ET
$HLIT
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$HLIT
Financials

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Harmonic Announces Third Quarter 2024 Results
Record revenue with Broadband revenue up 92% year over year Video returned to profitability with greater than 10% Adjusted EBITDA margin SAN JOSE, Calif., Oct. 28, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ:HLIT) today announced its unaudited results for the third quarter of 2024. "Our third quarter results demonstrated strong execution as we achieved record total company revenue and Adjusted EBITDA, with both broadband and video revenue exceeding expectations," said Nimrod Ben-Natan, president and chief executive officer of Harmonic. "This strong quarterly performance coupled
10/28/24 4:05:00 PM ET
$HLIT
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Harmonic Announces Reporting Date for Third Quarter 2024 Results
SAN JOSE, Calif., Oct. 14, 2024 /PRNewswire/ -- Harmonic (NASDAQ:HLIT) today announced it will release its third quarter 2024 financial results after the market close on Monday, October 28, 2024. Harmonic will host a live webcast to discuss the Company's results at 2:00 p.m. PT on the same day. To participate via telephone, please register in advance using this link,https://register.vevent.com/register/BI24dc955b30d3439abf656ef581cfa35c. Upon registration, telephone participants will receive a confirmation email detailing how to join the audio version of the webcast, including
10/14/24 4:05:00 PM ET
$HLIT
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Harmonic Announces Second Quarter 2024 Results
Revenue of $138.7 million up 14% quarter over quarter at high end of guidance Reaffirming Broadband and Video Full Year Revenue Guidance SAN JOSE, Calif., July 29, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ:HLIT) today announced its unaudited results for the second quarter of 2024. "Our second quarter revenue was at the high end of our guidance range while profitability in both businesses exceeded our expectations," said Nimrod Ben-Natan, president and chief executive officer of Harmonic. "These results demonstrate strong execution in both our Broadband and Video businesses as
7/29/24 4:05:00 PM ET
$HLIT
Radio And Television Broadcasting And Communications Equipment
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Harmonic Launches New High-Density Remote OLT to Simplify Fiber Broadband Service

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Recent Analyst Ratings for $HLIT

$HLIT Press Releases

Fastest customizable press release news feed in the world

Romanesque Capital Supports Sale of Harmonic Inc. to Maximize Shareholder Value

Ancora Releases Presentation Highlighting the Opportunity for Significant Near-Term Value Creation at Harmonic

Harmonic Announces Third Quarter 2024 Results

$HLIT Leadership Updates

Live Leadership Updates

Harmonic Appoints Neel Dev to its Board of Directors

Harmonic Appoints Walter Jankovic as Chief Financial Officer

Faraday Future Intelligent Electric Inc. Announces Completion of Special Committee Investigation

$HLIT Market Insights

Live Market Insights

Evaluating Harmonic: Insights From 4 Financial Analysts

Deep Dive Into Harmonic Stock: Analyst Perspectives (4 Ratings)

Rosenblatt Maintains Buy on Harmonic, Maintains $18 Price Target

$HLIT Insider Trading

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Chief Financial Officer Jankovic Walter covered exercise/tax liability with 4,541 shares and converted options into 12,869 shares, increasing direct ownership by 39% to 29,829 units (SEC Form 4)

SVP & GM, Video Business Haltmayer Neven converted options into 12,114 shares and covered exercise/tax liability with 6,464 shares, increasing direct ownership by 4% to 133,510 units (SEC Form 4)

General Counsel & SVP, HR Chu Timothy C converted options into 12,021 shares and covered exercise/tax liability with 4,242 shares, increasing direct ownership by 12% to 74,615 units (SEC Form 4)

$HLIT Analyst Ratings

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Harmonic downgraded by Jefferies

Harmonic downgraded by Raymond James with a new price target

Harmonic upgraded by Raymond James with a new price target

$HLIT SEC Filings

SEC Form S-8 filed by Harmonic Inc.

SEC Form 10-Q filed by Harmonic Inc.

Harmonic Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$HLIT Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Harmonic Inc.

Amendment: SEC Form SC 13G/A filed by Harmonic Inc.

Amendment: SEC Form SC 13D/A filed by Harmonic Inc.

$HLIT Financials

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Harmonic Announces Third Quarter 2024 Results

Harmonic Announces Reporting Date for Third Quarter 2024 Results

Harmonic Announces Second Quarter 2024 Results

Recent Analyst Ratings for
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