Motley Fool  Sep 28  Comment 
On a solid day for the market, these stocks rose. Find out why.
Motley Fool  Sep 28  Comment 
Harmonic and Comcast get even cozier.
Benzinga  Sep 28  Comment 
Harmonic Inc (NASDAQ: HLIT) shares are trading higher by $0.96 (18 percent) at $5.62 in Wednesday's session. Investors are piling into the issue after it was announced the company has entered a warrant agreement with Comcast Corporation (NASDAQ:...
MarketWatch  Sep 27  Comment 
Harmonic Inc. reached a deal with Comcast Corp. that would give Comcast the right to buy common shares of Harmonic if the video services company meets certain sales and deployment milestones during a certain time frame, the San Jose-based...
Motley Fool  Aug 10  Comment 
An earnings beat propelled the stock higher, although investors are still stinging from the stock's collapse last year.
Motley Fool  May 11  Comment 
First-quarter results fell short of expectations.


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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.


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].


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