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 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 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.
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 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 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%).
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 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 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.
Patrick Harshman retiring as CEO effective June 11, 2024; Nimrod Ben-Natan, SVP/GM Broadband, appointed successor.
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 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 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 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 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.
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 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 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