Edition:
United Kingdom

Harmonic Inc (HLIT.OQ)

HLIT.OQ on NASDAQ Stock Exchange Global Select Market

4.45USD
20 Jul 2018
Change (% chg)

-- (--)
Prev Close
$4.45
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
96,480
52-wk High
$4.55
52-wk Low
$2.80

Latest Key Developments (Source: Significant Developments)

Harmonic Inc Reports Q1 Adj Loss Per Share Of $0.01
Monday, 30 Apr 2018 

April 30 (Reuters) - Harmonic Inc ::HARMONIC ANNOUNCES FIRST QUARTER 2018 RESULTS.QTRLY GAAP REVENUE OF $90.1 MILLION, UP 9% YEAR OVER YEAR.QUARTER END BACKLOG AND DEFERRED REVENUE OF $224.4 MILLION, UP 21.8% YEAR OVER YEAR.QTRLY LOSS PER SHARE $0.16.QTRLY ADJUSTED LOSS PER SHARE $0.01.SESS Q2 2018 NET REVENUE $88.0 MILLION TO $98.0 MILLION.SEES Q2 2018 LOSS PER SHARE $0.17 TO $0.06.SEES 2018 NET REVENUE $375.0 MILLION TO $425.0 MILLION.SEES 2018 LOSS PER SHARE BETWEEN $0.69 AND $0.21.SEES Q2 NON-GAAP LOSS PER SHARE $0.07 TO EPS OF $0.02.SEES 2018 ADJUSTED EPS BETWEEN A LOSS PER SHARE OF $0.22 TO EPS OF $0.18.SEES FY 2018 REVENUE $375 MILLION TO $425 MILLION.  Full Article

Harmonic Reports Qtrly Loss Per Share Of $0.16
Monday, 30 Apr 2018 

April 30 (Reuters) - Harmonic Inc ::HARMONIC ANNOUNCES FIRST QUARTER 2018 RESULTS.SEES FY 2018 REVENUE ABOUT $5.0 MILLION.QTRLY GAAP REVENUE OF $90.1 MILLION, UP 9% YEAR OVER YEAR.QUARTER END BACKLOG AND DEFERRED REVENUE OF $224.4 MILLION, UP 21.8% YEAR OVER YEAR.QTRLY LOSS PER SHARE $0.16.QTRLY ADJUSTED LOSS PER SHARE $0.01.SESS Q2 2018 NET REVENUE $88.0 MILLION TO $98.0 MILLION.SEES Q2 2018 LOSS PER SHARE $0.17 TO $0.06.SEES 2018 NET REVENUE $375.0 MILLION TO $425.0 MILLION.SEES 2018 LOSS PER SHARE BETWEEN $0.69 AND $0.21.SEES Q2 NON-GAAP LOSS PER SHARE $0.07 TO EPS OF $0.02.SEES 2018 ADJUSTED EPS BETWEEN A LOSS PER SHARE OF $0.22 TO EPS OF $0.18.  Full Article

Avid Technology announces global patent cross-licensing agreement with Harmonic​
Monday, 30 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
Monday, 30 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

Comcast reports 6.6 pct passive stake in Harmonic
Thursday, 29 Sep 2016 

Comcast Corp :Comcast Corp reports 6.6 pct passive stake in Harmonic Inc, as of September 26, 2016.  Full Article

Harmonic says GAAP net revenue for Q2 of 2016 was $108.8 mln, compared with $81.8 mln for Q1 of 2016
Tuesday, 9 Aug 2016 

Harmonic Inc : Q2 non-GAAP earnings per share $0.00 . Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S . Harmonic announces second quarter 2016 results . Q2 GAAP loss per share $0.27 . Qtrly backlog and deferred revenue grew to a record $190.4 million . Remained on track to realize $20-$22 million of annualized cost savings from combination of Harmonic and TVN by end of calendar year 2016 . Sees Q3 gross margin to be 50.0% to 51.0% . Sees Q3 2016 loss per share $0.14 to $0.16 . Sees 2016 net revenue to be $408.0 million to $418.0 million . Q2 earnings per share view $-0.04, revenue view $104.5 million -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $0.06, revenue view $406.9 million -- Thomson Reuters I/B/E/S . Says GAAP net revenue for Q2 of 2016 was $108.8 million, compared with $81.8 million for Q1 of 2016 . Says bookings for Q2 of 2016 were $117.3 million, compared with $109.6 million for Q1 of 2016 . Harmonic Inc sees Q3 net revenue to be $104.5 million to $109.5 million . Sees FY 2016 loss per share $0.64 to $0.69 .Q3 earnings per share view $0.03, revenue view $105.3 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Harmonic Inc Reports Q1 Adj Loss Per Share Of $0.01

* QUARTER END BACKLOG AND DEFERRED REVENUE OF $224.4 MILLION, UP 21.8% YEAR OVER YEAR