QUOTE AND NEWS
FX Street  May 17  Comment 
BIAS : I look for losses to develop more strongly now - potentially to the 0.9450 area MAIN... For more information, read our latest forex news and reports.
FX Street  May 15  Comment 
BIAS : We're due a correction higher - the question is whether it's above or below 1.5196… MAIN... For more information, read our latest forex news and reports.
FX Street  May 13  Comment 
BIAS : While 102.15 (max 102.35) caps we should see a pullback to the 100.65-91 area MAIN ANALYSIS... For more information, read our latest forex news and reports.
FX Street  May 9  Comment 
BIAS : If this is to rally it needs to do so now… MAIN ANALYSIS : As described yesterday the upside... For more information, read our latest forex news and reports.
FX Street  May 1  Comment 
BIAS : While 1.3138-45 supports we should see progress to 1.3203 (max 1.3229) for a minor... For more information, read our latest forex news and reports.
StreetInsider.com  Apr 23  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Harmonic%2C+Inc.+%28HLIT%29+Reports+In-Line+Q1+EPS%2C+Rev+Light/8272381.html for the full story.
Benzinga  Apr 22  Comment 
Power-One (NASDAQ: PWER) soared 55.94% to $6.30 in the pre-market trading after ABB (NYSE: ABB) announced its plans to buy Power-One for around $1.03 billion. Harris (NYSE: HRS) shares gained 6% to $44.50 in the pre-market session. Harris has...
FX Street  Apr 11  Comment 
BIAS : We should now be wary as we approach 131.00-20 with the risk being losses to 125.80-126.30... For more information, read our latest forex news and reports.
FX Street  Apr 8  Comment 
BIAS : Risk still appears directly higher MAIN ANALYSIS : Price has continued higher on open and... For more information, read our latest forex news and reports.
FX Street  Apr 1  Comment 
A forecasting methodology such as Harmonic Elliott Wave is often considered with extreme caution,... For more information, read our latest forex news and reports.




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Harmonic Inc. (HLIT) specializes in building advanced video components for television providers including Cablevision, Charter Communications, Comcast, Direct TV, EchoStar and Time Warner Cable. The company derives sales from demand for HDTV and video on demand products. Further, HLIT shifting focus to growing consumer preferences for video streaming downloads via the Internet; the corporation purchased Scopus Video Networks Ltd. in 2008.

While the performance of the telecommunications industry may be hindered by weakening economies in the short run, the demand for video equipment should increase long term as demand for more innovative video presentation continues, which should benefit HLIT's overall success.

Products

You may have used one of HLIT's video encoding products and especially if you watched the Super Bowl in HD.

Business Financials

The company derived about 60% of its revenue from cable and 40% from satellite/telecom companies in 2007 through which products were sold directly to their customers. In 2008, the company reported revenues of $365 million and net income of $64 million. [1].



References

  1. HLIT.com fin. news, 1/29/09
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