HARMONIC INC. completed a disposition involving Leone Media Inc. (d/b/a MediaKind) for $145 million in cash (closed 2026-06-16).
“On June 16, 2026, Harmonic Inc. (the “Company”) completed the previously disclosed sale of its Video Business (the “Business”) pursuant to that certain Asset Purchase Agreement, dated March 20, 2026, (the “APA”) with Leone Media Inc. (d/b/a MediaKind) (the “Buyer”) for a purchase price of $145 million in cash (the “Acquisition”).”
Neven Haltmayer resigned as Senior Vice President and General Manager, Video Business at HARMONIC INC..
“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.”
Shareholder Votes
HARMONIC INC. shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2026. at the 2026-06-04 meeting.
“Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31,2026. FOR AGAINST ABSTAIN 93,911,376 216,061 589,569”
Shareholder Votes
HARMONIC INC. shareholders approved Amendment to the 2025 Equity Incentive Plan to increase the number of shares reserved by 3,000,000 shares. at the 2026-06-04 meeting.
“Stockholders approved an amendment to the Company's 2025 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by 3,000,000 shares. FOR AGAINST ABSTAIN BROKER NON-VOTE 75,846,460 4,020,318 394,978 14,455,250”
Shareholder Votes
HARMONIC INC. shareholders approved Advisory vote on the frequency of future advisory votes on named executive officer compensation (every one year). at the 2026-06-04 meeting.
“Stockholders approved, on an advisory basis, holding future stockholder advisory votes on named executive officer compensation every one year. 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTE 75,781,101 482,805 3,828,076 169,774 14,455,250”
Shareholder Votes
HARMONIC INC. shareholders approved Advisory vote on the compensation of the named executive officers. at the 2026-06-04 meeting.
“Stockholders approved, on an advisory basis, the compensation of the named executive officers. FOR AGAINST ABSTAIN BROKER NON-VOTE 77,824,399 2,259,461 177,896 14,455,250”
Shareholder Votes
HARMONIC INC. shareholders approved Election of seven directors to serve until the earlier of the 2027 Annual Meeting or until their successors are elected and duly qualified. at the 2026-06-04 meeting.
“NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Nimrod Ben-Natan 79,947,905 252,519 61,332 14,455,250 Patrick Gallagher 78,278,942 1,884,055 98,759 14,455,250 Deborah L. Clifford 79,634,468 519,207 108,081 14,455,250 Stephanie Copeland 79,825,702 331,988 104,066 14,455,250 Dana Crandall 79,760,026 379,598 122,132 14,455,250 Neel Dev 79,920,042 259,068 82,646 14,455,250 David Krall 79,759,654 412,531 89,571 14,455,250”
Earnings Releases
HARMONIC INC. updated its first quarter ended April 3, 2026 guidance (raised).
“On May 11, 2026, Harmonic Inc. (the “ Company ”) issued a press release regarding its preliminary unaudited financial results for the quarter ended April 3, 2026”
Material Agreements
HARMONIC INC. entered into Asset Purchase Agreement with Leone Media Inc. (d/b/a MediaKind) valued at $145 million (effective 2026-03-20).
“(the “Company”) entered into a Put Option Agreement (the “Put Option Agreement”) between the Company and Leone Media Inc. (d/b/a MediaKind) (the “Buyer”). Pursuant to the Put Option Agreement, the Company had the right (the “Put Option”) to require the Buyer to purchase the Company’s Video Business (the “Business”) for a purchase price of $145 million in cash, which Put Option may be exercised only following completion of the required consultation process with the relevant employee works council in France, with respect to such asset sale by the Company (the “Acquisition”).”
Material Agreements
HARMONIC INC. entered into Put Option Agreement with Leone Media Inc. (d/b/a MediaKind) valued at $145 million in cash (effective 2025-12-08).
“On December 8, 2025 Harmonic Inc. (the “Company”) entered into a Put Option Agreement (the “Put Option Agreement”) between the Company and Leone Media Inc. (d/b/a MediaKind) (the “Buyer”).”
Daniel Whalen was elected as Director at HARMONIC INC..
“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.”
Neel Dev was elected as Director at HARMONIC INC..
“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.”
Earnings Releases
HARMONIC INC. reported first quarter of 2024 results: revenue $122.1 million, net income GAAP net loss $8.1 million and non-GAAP net income of $0.4 million, EPS GAAP net loss per share of $0.07 and non-GAAP net income per share of $0.00. Guidance reaffirmed.
“we are reaffirming our full year Broadband revenue guidance while increasing Video full year EBITDA guidance.” Q1 Financial and Business Highlights Financial • Revenue: $122.1 million, compared to $157.6 million in the prior year period ◦ Broadband segment revenue: $78.9 million, compared to $100.4 million in the prior year period ◦ Video segment revenue:”
Nimrod Ben-Natan was appointed as Chief Executive Officer at HARMONIC INC..
“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”
Patrick Harshman changed role as Chief Executive Officer at HARMONIC INC..
“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.”
Ian Graham departed as Senior Vice President, Global Sales at HARMONIC INC..
“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.”
Earnings Releases
HARMONIC INC. reported first quarter 2024 results: revenue $121 million to $123 million. Guidance reaffirmed.
“Harmonic management expects total Company first quarter 2024 revenue to be in the range of $121 million to $123 million.”
Nimrod Ben-Natan was appointed as Chief Executive Officer at HARMONIC INC..
“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 departed as President and Chief Executive Officer at HARMONIC INC..
“Patrick Harshman, the Company’s President and Chief Executive Officer (“CEO”), will retire as CEO, effective as of June 11, 2024”
Earnings Releases
HARMONIC INC. reported Q4 2023 results: net income $14.7 million, EPS $0.13.
“Act”), or under the Exchange Act. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE Harmonic Announces Fourth Quarter and Fiscal 2023 Results Record quarterly total revenue of $167.1 million, up 31% quarter over quarter Broadband revenue up 20% and Video SaaS revenue up 26% year over year SAN JOSE, California, January 29, 2024 - Harmonic Inc. (NASDAQ: HLIT) today”
Debt Financings
HARMONIC INC. incurred term loan of up to $40.0 million maturing December 21, 2028.
“and a secured delayed term loan facility in an aggregate principal amount of up to $40.0 million (the “Term Facility”). The Credit Agreement refinances and replaces the Company’s existing credit agreement”
Debt Financings
HARMONIC INC. incurred credit facility of up to $120.0 million with Citibank, N.A., as administrative agent maturing December 21, 2028.
“On December 21, 2023, Harmonic Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among the Company, certain subsidiaries of the Company from time to time party thereto, the lenders from time to time party thereto, and Citibank, N.A., as administrative agent. The Credit Agreement provides for a secured revolving loan facility in an aggregate principal amount of up to $120.0 million (the “Revolving Facility”)”
Material Agreements
HARMONIC INC. entered into Credit Agreement with Citibank, N.A., as administrative agent valued at $120.0 million (effective 2023-12-21).
“On December 21, 2023, Harmonic Inc. (the "Company") entered into a Credit Agreement (the "Credit Agreement"), by and among the Company, certain subsidiaries of the Company from time to time party thereto, the lenders from time to time party thereto, and Citibank, N.A., as administrative agent. The Credit Agreement provides for a secured revolving loan facility in an aggregate principal amount of up to $120.0 million”
Earnings Releases
HARMONIC INC. reported preliminary financial results for the third quarter of 2023.
“On October 30, 2023, Harmonic Inc. ("Harmonic" or the “Company”) issued a press release regarding its preliminary unaudited financial results for the quarter ended September 29, 2023.”
Material Agreements
HARMONIC INC. entered into Master Receivables Purchase Agreement with JPMorgan Chase Bank, N.A. valued at up to $30 million (effective 2023-09-29).
“On September 29, 2023, the Company entered into a Master Receivables Purchase Agreement (the “ Purchase Agreement ”) with JPMorgan Chase Bank, N.A., as purchaser (the “ Purchaser ”), pursuant to which the Company may, from time to time, sell to the Purchaser certain accounts receivable, in an aggregate outstanding amount of up to $30 million.”
Material Agreements
HARMONIC INC. amended Fifth Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. (effective 2023-09-29).
“On September 29, 2023, Harmonic Inc. (the “ Company ”) entered into a fifth amendment (“ Amendment No. 5 ”) to that certain Credit Agreement, dated December 19, 2019, by and among the Company and Harmonic International GmbH, as co-borrowers, and JPMorgan Chase Bank, N.A., as lender (the “ Credit Facility ”).”
Earnings Releases
HARMONIC INC. reported second quarter of 2023 results: revenue $156.0 million, net income GAAP net income $1.6 million and non-GAAP net income of $14.0 million, EPS GAAP net income per share of $0.01 and non-GAAP net income per share of $0.12.
“of our market position was reinforced by several new customer wins which further supports our multi-year growth plan.” Q2 Financial and Business Highlights Financial • Revenue: $156.0 million, down 1% year over year ◦ Broadband segment revenue: $97.1 million, up 20% year over year ◦ Video segment revenue: $58.9 million, compared to $76.2 million in the prior year”
Shareholder Votes
HARMONIC INC. shareholders approved Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. at the 2023-06-23 meeting.
“Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31,2023. FOR AGAINST ABSTAIN 100,014,020 103,150 54,700”
Shareholder Votes
HARMONIC INC. shareholders approved Amendment to the Company's 2002 Employee Stock Purchase Plan to increase the number of shares of common stock reserved for issuance thereunder by 650,000 shares. at the 2023-06-23 meeting.
“Stockholders approved an amendment to the Company's 2002 Employee Stock Purchase Plan to increase the number of shares of common stock reserved for issuance thereunder by 650,000 shares. FOR AGAINST ABSTAIN BROKER NON-VOTE 88,979,466 123,015 38,683 11,030,706”
Shareholder Votes
HARMONIC INC. shareholders approved Advisory approval of the compensation of the named executive officers. at the 2023-06-23 meeting.
“Stockholders approved, on an advisory basis, the compensation of the named executive officers. FOR AGAINST ABSTAIN BROKER NON-VOTE 86,273,732 2,754,803 112,629 11,030,706”
Shareholder Votes
HARMONIC INC. shareholders approved Election of seven directors to serve until the earlier of the 2024 Annual Meeting of Stockholders or until their successors are elected and duly qualified. at the 2023-06-23 meeting.
“Stockholders elected seven (7) directors to serve until the earlier of the 2024 Annual Meeting of Stockholders or until their successors are elected and duly qualified. NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Deborah L. Clifford 88,783,382 281,076 76,706 11,030,706 Patrick Gallagher 85,258,343 3,824,172 58,649 11,030,706 Patrick J. Harshman 88,397,605 684,440 59,119 11,030,706 Sophia Kim 88,813,133 251,400 76,631 11,030,706 David Krall 88,174,270 889,836 77,058 11,030,706 Mitzi Reaugh 88,000,247 1,070,260 70,657 11,030,706 Susan G. Swenson 87,005,694 2,056,076 79,394 11,030,706”
Jeremy Rosenberg changed role as Interim Chief Financial Officer at HARMONIC INC..
“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.”
Walter Jankovic was appointed as Chief Financial Officer at HARMONIC INC..
“On May 22, 2023, Harmonic Inc. (the “Company”) announced the appointment of Walter Jankovic to the position of Chief Financial Officer (“CFO”), effective immediately.”
Earnings Releases
HARMONIC INC. reported first quarter of 2023 results: revenue $157.6 million, net income GAAP net income $5.1 million, EPS $0.04.
“Revenue: $157.6 million, up 7% year over year ◦ Broadband segment revenue: $100.4 million, up 23% year over year ◦ Video segment revenue: $57.3 million, down 13% year over year • Gross margin: GAAP 53.3% and non-GAAP 53.9%, compared to GAAP 46.9% and non-GAAP 47.3% in the year ago period ◦ Broadband segment gross margin: 50.1% compared to 38.0% in the year ago period ◦ Video segment gross margin: 60.4% compared to 58.8% in the year ago period • Operating income: GAAP income $11.2 million and non-GAAP income $18.7 million, compared to GAAP income $2.5 million and non-GAAP income $11.3 million in the year ago period • Net income: GAAP net income $5.1 million and non-GAAP net income of $14.3 million, compared to GAAP net loss $1.5 million and non-GAAP net income $8.9 million in the year ago period • Adjusted EBITDA: $21.4 million income compared to $14.5 million income in the year ago period • EPS: GAAP net income per share of $0.04 and non-GAAP net income per share of $0.12, compared to”
Jeremy Rosenberg was appointed as interim Chief Financial Officer at HARMONIC INC..
“the Company has appointed Jeremy Rosenberg to the position of interim Chief Financial Officer (“interim CFO”) as of the Effective Date.”
Sanjay Kalra resigned as Senior Vice President and Chief Financial Officer at HARMONIC INC..
“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”
Earnings Releases
HARMONIC INC. reported the fourth quarter ended December 31, 2022 results: revenue $164.3 million, net income GAAP net income $6.1 million, EPS GAAP net income per share of $0.05.
“• Revenue: $164.3 million, up 5.5% year over year ◦ Broadband segment revenue: $96.0 million, up 37.7% year over year ◦ Video segment revenue: $68.3 million, down 20.7% year over year • Gross margin: GAAP 52.1% and non-GAAP 52.7%, compared to GAAP 50.0% and non-GAAP 50.5% in the year ago period ◦ Broadband segment gross margin: 47.6% compared to 40.3% in the year ago period ◦ Video segment gross margin: 59.9% compared to 58.8% in the year ago period • Operating income: GAAP income $16.5 million and non-GAAP income $23.7 million, compared to GAAP income $15.1 million and non-GAAP income $20.6 million in the year ago period • Net income: GAAP net income $6.1 million and non-GAAP net income of $19.9 million, compared to GAAP net income $19.9 million and non-GAAP net income $17.6 million in the year ago period • Adjusted EBITDA: $26.6 million income compared to $23.8 million income in the year ago period • EPS: GAAP net income per share of $0.05 and non-GAAP net income per share of $0.17,”
Debt Financings
HARMONIC INC. amended credit facility with JPMorgan Chase Bank, N.A. at SOFR plus 3.00% maturing October 28, 2025.
“On October 28, 2022, Harmonic Inc. (the “Company”) entered into a fourth amendment (“Amendment No. 4”) to that certain Credit Agreement, dated December 19, 2019, by and among the Company and Harmonic International GmbH, as co-borrowers, certain subsidiaries of the Company from time to time party thereto, as guarantors, and JPMorgan Chase Bank, N.A., as lender (as amended, the “Credit Facility”). Amendment No. 4 amends the Credit Facility to, among other things (i) extend the maturity date of the Credit Facility to the earlier of (a) October 28, 2025 or (b) subject to certain exceptions, the date that is 90 days prior to the maturity date of the Company’s 2.00% Convertible Senior Notes due 2024 (to the extent such notes remain outstanding as of such date), (ii) amend the interest rate provisions to replace LIBOR with SOFR as the interest rate benchmark and (iii) make certain other revisions as more fully set forth therein. As amended, the revolving loans bear interest, at the Company’s”
Material Agreements
HARMONIC INC. amended Amendment No. 4 with JPMorgan Chase Bank, N.A. (effective 2022-10-28).
“On October 28, 2022, Harmonic Inc. (the “Company”) entered into a fourth amendment (“Amendment No. 4”) to that certain Credit Agreement, dated December 19, 2019, by and among the Company and Harmonic International GmbH, as co-borrowers, certain subsidiaries of the Company from time to time party thereto, as guarantors, and JPMorgan Chase Bank, N.A., as lender (as amended, the “Credit Facility”).”
Earnings Releases
HARMONIC INC. reported the quarter ended September 30, 2022 results: revenue $155.7 million, net income $8.7 million, EPS $0.08.
“Financial • Revenue: $155.7 million, up 23% year over year ◦ Broadband segment revenue: $91.9 million, up 60% year over year ◦ Video segment revenue: $63.8 million, down 7% year over year • Gross margin: GAAP 50.5% and non-GAAP 50.9%, compared to GAAP 52.4% and non-GAAP 52.8% in the year ago period ◦ Broadband segment gross margin: 45.0% compared to 42.0% in the year ago period ◦ Video segment gross margin: 59.3% compared to 61.9% in the year ago period • Operating income: GAAP income $11.4 million and non-GAAP income $18.2 million, compared to GAAP income $5.4 million and non-GAAP income $11.8 million in the year ago period • Net income: GAAP net income $8.7 million and non-GAAP net income of $14.9 million, compared to GAAP net income $1.5 million and non-GAAP net income $9.5 million in the year ago period • Adjusted EBITDA: $21.2 million income compared to $14.8 million income in the year ago period • EPS: GAAP net income per share of $0.08 and non-GAAP net income per share of $0.13,”
Nikos Theodosopoulos resigned as Director at HARMONIC INC..
“On August 12, 2022, Nikos Theodosopoulos resigned from the Board of Directors (the “Board”) of Harmonic Inc. (the “Company”), effective immediately.”
Daniel Whalen was elected as Director at HARMONIC INC..
“On August 2, 2021, the Board of Directors (the “Board”) of Harmonic Inc. (the “Company”) elected Daniel Whalen to the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.