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Harmonic Inc. (HLIT)

$12.47

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Key data on HLIT

Market cap

$1.36B

EPS

-0.41

P/E ratio

--

Price to sales

3.95

Dividend yield

--

Beta

1.317249

Price on HLIT

Previous close

$12.37

Today's open

$12.48

Day's range

$12.23 - $12.64

52 week range

$8.47 - $17.68

Profile about HLIT

CEO

Nimrod Ben-Natan

Employees

1240

Headquarters

San Jose, CA

Exchange

Nasdaq Global Select

Shares outstanding

109066445

Issue type

Common Stock

HLIT industries and sectors

Technology

Hardware & Equipment

News on HLIT

Harmonic: Sale Of Video And A Robust Q2 Lead To A Rating Upgrade

Harmonic Inc. is now a pure-play Broadband business after divesting its Video business, with a Strong Buy rating upgrade. Q2-2026 broadband revenue surged 54% YoY, offsetting Video revenue loss, while backlog rose 71% to $587.6 million, signaling accelerating demand. HLIT raised FY-2026 revenue guidance to $505–$525 million and reported significant EPS growth, supported by strong product uptake and a robust balance sheet.

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Seeking Alpha • Aug 20, 2026

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Harmonic Inc. (HLIT) Q2 2026 Earnings Call Transcript

Harmonic Inc. (HLIT) Q2 2026 Earnings Call Transcript

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Seeking Alpha • Aug 13, 2026

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Harmonic to Participate in Upcoming Investor Conferences

SAN JOSE, Calif., Aug. 13, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Nimrod Ben-Natan, President and Chief Executive Officer of Harmonic, and Walter Jankovic, Chief Financial Officer, will host investor meetings at the Jefferies Semiconductor, IT Hardware & Communications Technology Conference in Chicago, IL, on Tuesday, August 25, 2026.

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PRNewsWire • Aug 13, 2026

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Cisco Systems, Applied Materials and 3 Stocks to Watch Heading Into Thursday

With U.S. stock futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

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Benzinga • Aug 13, 2026

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Harmonic Q2 Earnings Call Highlights

Harmonic NASDAQ: HLIT reported second-quarter 2026 broadband revenue of $133.5 million, up 54% from a year earlier and above its prior guidance range of $115 million to $125 million, as deployment activity expanded among customers outside of its two largest accounts.

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MarketBeat • Aug 13, 2026

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Harmonic Announces Second Quarter 2026 Results

Broadband revenue increased 54% year over year, including 44% growth in Rest-of-Market Company raises full-year outlook to reflect Broadband revenue of $505 million - $525 million Cash increased to $232 million with the completed sale of the Video business SAN JOSE, Calif., Aug. 12, 2026 /PRNewswire/ -- Harmonic Inc. (Nasdaq: HLIT) today announced its unaudited results for the second quarter ended July 3, 2026.

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PRNewsWire • Aug 12, 2026

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Harmonic (HLIT) Q2 Earnings and Revenues Surpass Estimates

Harmonic (HLIT) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.09 per share a year ago.

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Zacks Investment Research • Aug 12, 2026

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Harmonic Announces Reporting Date for Second Quarter 2026 Results

SAN JOSE, Calif., July 27, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its second quarter 2026 financial results after the market close on Wednesday, August 12, 2026.

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PRNewsWire • Jul 27, 2026

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Bluepeak Taps Harmonic to Speed Up Fiber Rollout and Expand into MDUs

Harmonic's cOS Virtualized Broadband Platform and Pearl Remote OLTs Enable Flexible PON Migration, While SeaStar Optical Node Powers Cost-Effective Multi-Gigabit Expansion to MDUs SAN JOSE, Calif., July 21, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Bluepeak is advancing its fiber footprint with Harmonic's cOS™ virtualized core, Pearl R-OLTs and the SeaStar™ optical node.

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PRNewsWire • Jul 21, 2026

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Harmonic: The Software Behind The Next Broadband Upgrade Cycle

Harmonic is poised to benefit from a multi-year broadband upgrade cycle driven by DOCSIS 4.0 and fiber deployments. HLIT's dominant 98% share in virtual CMTS, accelerating revenue, record backlog, and raised 2026 guidance affirm structural growth. The recent divestiture of the video segment and volatile working capital complicate valuation, but a forward P/E non-GAAP of 21x is attractive.

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Seeking Alpha • Jul 15, 2026

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