secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001193125-26-102118
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic reclassifies Video as discontinued ops; Broadband segment Q4 revenue $98.2M, non-GAAP income $7.2M
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- Continuing ops (Broadband) revenue: Q1 $84.9M, Q2 $86.9M, Q3 $90.5M, Q4 $98.2M.
- Non-GAAP income from continuing ops: Q1 $8.0M, Q2 $3.7M, Q3 $7.5M, Q4 $7.2M.
- Video business goodwill impairment of $57.5M in Q4 drove GAAP loss of $55.0M at total company.
- Sale of Video to MediaKind expected to close H1 2026; subject to French works council consultation.
- Broadband is now sole reportable segment; stranded costs totaled $1.6M-$2.5M per quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000119312526102118/0001193125-26-102118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000119312526102118/hlit-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-102118

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