Highest-materiality recent filing
Harmonic completes sale of Video Business to MediaKind for $145M cash, becomes pure-play broadband
Sold Video Business to MediaKind (Leone Media Inc.) for $145M in cash, subject to working capital and other adjustments.
Harmonic confirms Video Business sale to MediaKind for $145M cash on track for Q2 2026
Asset Purchase Agreement signed March 20, 2026 with Leone Media Inc. (MediaKind) for $145 million cash.
Harmonic votes: all seven directors elected, say-on-pay approved, equity plan shares increased by 3M
All seven director nominees elected; for votes ranged from 78.3M to 79.9M shares.
Harmonic Q1 Broadband revenue up 43% YoY to $121.7M; raises FY 2026 outlook to $475-495M
GAAP EPS $0.07, non-GAAP EPS $0.21; total revenue $171.8M.
Harmonic board member Dan Whalen resigns effective March 31, 2026 due to new role conflicts
Dan Whalen resigned from Harmonic's Board effective March 31, 2026 due to potential conflicts from accepting a new role at another company.
Harmonic sells Video Business to MediaKind for $145M cash
Purchase price $145M cash, subject to net working capital and cash/debt adjustments.
Continuing ops (Broadband) revenue: Q1 $84.9M, Q2 $86.9M, Q3 $90.5M, Q4 $98.2M.
Harmonic Q4 GAAP loss $0.49/sh; Broadband bookings record, backlog up 73%
GAAP net loss per share $(0.49) for Q4, $(0.38) for FY2025; Non-GAAP EPS $0.14 and $0.47.
CEO Nimrod Ben-Natan base salary increased from $618K to $750K effective July 1, 2026; CFO and GC also get raises.
Harmonic to sell Video Business to MediaKind for $145M cash; closes H1 2026
Put Option Agreement gives Harmonic right to require MediaKind to buy its Video Business for $145M in cash.
Harmonic Q3 2025 revenue $142.4M, Non-GAAP EPS $0.12, down YoY
Revenue $142.4M vs $195.8M YoY (-27%); Broadband $90.5M, Video $51.9M.
Harmonic Q2 2025: revenue $138.0M, GAAP EPS $0.03, Non-GAAP $0.09, beats guidance
Revenue $138.0M (flat YoY); Broadband $86.9M, Video $51.1M; both segments exceeded guidance high end.
Harmonic shareholders approve all proposals at 2025 annual meeting
Elected eight directors, including Nimrod Ben-Natan, Patrick Gallagher, Deborah L. Clifford, and others.
Harmonic Q1 2025 revenue $133.1M, GAAP EPS $0.05, Non-GAAP EPS $0.11; margins jump
Revenue $133.1M, up 9% YoY; GAAP EPS $0.05 vs -$0.07; Non-GAAP EPS $0.11 vs $0.00.
Harmonic adopts 2025 incentive plans; CEO target bonus 100% of salary
Named execs: CEO Nimrod Ben-Natan (100%), CFO Walter Jankovic (80%), SVP Neven Haltmayer (70%), GC Timothy Chu (65%).
Harmonic reports record Q4 revenue $222.2M, up 33% YoY; announces $200M buyback
Revenue $222.2M (record), up 33% YoY; Broadband $171M (+48% YoY), Video $51.1M (-2%).
Director Mitzi Reaugh resigns from Harmonic board effective Dec 31, 2024
Mitzi Reaugh will resign from the Board effective Dec 31, 2024, to pursue other professional commitments.
Harmonic expands credit facility by $40M to $200M total capacity
Third Amendment adds $40M revolving commitments; total facility now $160M revolver plus $40M term loan = $200M.
Harmonic reports record Q3 revenue of $195.8M, up 54% YoY; GAAP EPS $0.19
Revenue $195.8M (+54% YoY); broadband segment $145.3M (+92% YoY); video $50.4M (-2% YoY but profitable).
Harmonic reappoints Dan Whalen to Board of Directors
Dan Whalen reappointed to Harmonic's board effective August 19, 2024; previously served from 2021-2023.
Harmonic Q2: Revenue $138.7M (down 11% YoY), GAAP net loss $12.5M; reaffirms FY guidance
Revenue of $138.7M, down 11% YoY but at high end of Q2 guidance; QoQ growth of 14%.
Harmonic appoints Neel Dev to its board of directors
Neel Dev elected to Harmonic's board effective July 19, 2024.
All 7 director nominees elected: Ben-Natan, Gallagher, Clifford, Copeland, Crandall, Krall, Reaugh.
Harmonic Q1 revenue down 23% YoY to $122.1M; Nimrod Ben-Natan to become CEO June 11, 2024
GAAP net loss of $8.1M ($0.07 loss per share) vs net income of $5.1M in Q1 2023.
Harmonic SVP Global Sales Ian Graham to depart effective July 5, 2024
Ian Graham, SVP Global Sales, leaving Harmonic; departure effective July 5, 2024; no successor announced.
Patrick Harshman retiring as CEO effective June 11, 2024; Nimrod Ben-Natan, SVP/GM Broadband, appointed successor.
Harmonic issued notice to redeem all outstanding 2.00% Convertible Senior Notes due 2024.
Harmonic redeems all outstanding 2% convertible notes due 2024
Redemption date set for April 18, 2024 at 100% of principal plus accrued interest.
Harmonic Q4 revenue record $167.1M; broadband up 20% YoY, backlog grows 43%
Total revenue $167.1M, record quarterly; GAAP net income $83.8M ($0.72 EPS), non-GAAP EPS $0.13.
New secured credit agreement provides $120M revolving facility and $40M delayed term loan, maturing December 2028.
Harmonic amends change of control severance agreement with Neven Haltmayer
Involuntary termination within 18 months after Change of Control triggers 100% base salary, bonus (greater of 100% target or 2-year avg), 1-year benefits, full equity acceleration.
Harmonic Q3 revenue $127.2M down 18% YoY; GAAP EPS loss $0.06; Video business under strategic review
Revenue $127.2M vs $155.7M YoY (-18%); Broadband $75.8M, Video $51.4M.
Harmonic enters $30M receivables sale facility and amends credit agreement to permit it
Harmonic signed a $30M Master Receivables Purchase Agreement with JPMorgan to sell accounts receivable.
Harmonic Q2 revenue $156M (-1% YoY); EPS $0.01 GAAP, $0.12 non-GAAP; backlog record $663.8M
Revenue $156M (-1% YoY); Broadband up 20% to $97.1M; Video down to $58.9M from $76.2M.
Harmonic stockholders elect all seven director nominees, approve say-on-pay and ESPP amendment
Elected directors: Clifford, Gallagher, Harshman, Kim, Krall, Reaugh, Swenson with >85M votes each.
Harmonic appoints Walter Jankovic as CFO effective May 22, 2023
Walter Jankovic appointed CFO, effective immediately; previously SVP/GM Datacom at Lumentum.
Harmonic Q1 2023 revenue up 7% YoY to $157.6M; broadband up 23%, Video SaaS up 72%
Net revenue $157.6M (+7% YoY); GAAP net income $5.1M vs loss of $1.5M YoY.
Harmonic CFO Sanjay Kalra resigns effective March 3, 2023; Jeremy Rosenberg named interim CFO
Sanjay Kalra resigns as SVP and CFO effective March 3, 2023 to pursue other opportunities; no disagreement with company.
Harmonic Q4 revenue $164.3M record; Broadband up 38% YoY, Video SaaS up 51%
Revenue $164.3M (record), up 5.5% YoY; GAAP EPS $0.05, non-GAAP EPS $0.17.
Harmonic settles $37.7M convertible notes with cash and shares; notes fully retired
Delivered $37.7M cash and ~3.9M shares to settle conversion of 4.375% Convertible Senior Notes due 2022.
Harmonic amends credit facility, extends maturity to 2025 and shifts to SOFR
Maturity extended to Oct 28, 2025, or 90 days before Convertible Notes due 2024 mature.
Harmonic Q3 2022 revenue up 23% YoY to $155.7M; EPS $0.08 GAAP / $0.13 non-GAAP
Revenue $155.7M, up 23% YoY; Broadband segment $91.9M (+60% YoY); Video SaaS revenue up 64% YoY.
Director Nikos Theodosopoulos resigns from Harmonic board, effective Aug 12, 2022
Resignation not due to any disagreement with management or board.
Harmonic Q2 revenue up 39% YoY to $157.4M; GAAP EPS $0.14 vs -$0.02
Revenue $157.4M, up 39% YoY; Cable Access +62%, Video SaaS +69%.
Harmonic shareholders approve all proposals at 2022 annual meeting
Elected nine director nominees with over 87% of votes cast for each (excluding broker non-votes).
Harmonic Q1 revenue up 32% YoY to $147.4M; Cable Access segment surges 98%
GAAP net loss $1.5M ($0.01 loss per share); non-GAAP net income $8.9M ($0.08 EPS).
Harmonic extends cooperation pact with Scopia; Dan Whalen on 2022 board slate
Scopia's director designation right extended until 15 business days before 2023 nomination deadline or 75 days before first anniversary of 2022 annual meeting.
Harmonic authorizes $100M stock repurchase program through Feb 2025
Board approved repurchase of up to $100M of common stock, program expires February 2025.
Harmonic Q4 record revenue $155.8M (+18% YoY); non-GAAP EPS $0.16 vs $0.20 prior
Revenue $155.8M record, +18% YoY; Cable Access $69.7M (+53%), Video flat at $86.1M.
Harmonic Q3 revenue up 33% YoY to $126.3M; CableOS modems served up 77%
Revenue $126.3M (up 33% YoY); Cable Access +43%, Video +26%.
Neven Haltmayer has resigned from his position of Senior Vice President and General Manager, Video Business, of the Company, effective June 16, 2026, in connection with the closing of the Acquisition.
On August 19, 2024, the Board of Directors (the “Board”) of Harmonic Inc. (the “Company”) elected Daniel Whalen to the Board, and a press release announcing the appointment was issued by the Company on August 21, 2024.
On July 19, 2024, the Board of Directors (the "Board") of Harmonic Inc. (the "Company") elected Neel Dev to the Board, and a press release announcing the appointment was issued by the Company on July 23, 2024.
the previously announced appointment of Nimrod Ben-Natan as Chief Executive Officer (“CEO”) of Harmonic Inc. (the “Company”) to be effective as of June 11, 2024
the Company entered into a consulting agreement with Mr. Harshman (the “Harshman Consulting Agreement”), effective June 11, 2024, and ending on the one-year anniversary thereof, subject to any extension by mutual agreement between the parties.
Harmonic Inc. (the "Company") announced today that Ian Graham has stepped down from the role of Senior Vice President, Global Sales and will be leaving the Company effective July 5, 2024.
Nimrod Ben-Natan, currently Senior Vice President and General Manager of the Company’s Broadband business, has been appointed as CEO of the Company by the Company’s board of directors (the “Board”), effective as of the Effective Date.
Patrick Harshman, the Company’s President and Chief Executive Officer (“CEO”), will retire as CEO, effective as of June 11, 2024
On May 22, 2023, Harmonic Inc. (the “Company”) announced the appointment of Walter Jankovic to the position of Chief Financial Officer (“CFO”), effective immediately.
In connection with Mr. Jankovic’s appointment, Jeremy Rosenberg will step down as Interim CFO and continue to serve as Senior Vice President, Business Development, of the Company.
the Company has appointed Jeremy Rosenberg to the position of interim Chief Financial Officer (“interim CFO”) as of the Effective Date.
On February 15, 2023, Sanjay Kalra notified Harmonic Inc. (the “Company”) of his decision to resign as Senior Vice President and Chief Financial Officer, effective March 3, 2023, to pursue other opportunities
Max materiality 0.85 · Median 0.60 · Most common event earnings