secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0000851310-24-000028
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic CEO Patrick Harshman to retire; Nimrod Ben-Natan appointed as CEO; Q1 revenue guidance $121-123M
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- Patrick Harshman retiring as CEO effective June 11, 2024; Nimrod Ben-Natan, SVP/GM Broadband, appointed successor.
- Board concludes Video business strategic review; no sale under current conditions; will focus on profitable growth.
- Updated Q1 2024 revenue guidance: total $121-123M, Broadband $78.5-79.5M, Video $42.5-43.5M.
- Investor Day planned for mid-June 2024 to discuss long-term strategy and growth plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000028/0000851310-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000028/hlit-20240408.htm
  HTML page:      https://secwatch.observer/filing/0000851310-24-000028

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