QUOTE AND NEWS
FX Street  Apr 3  Comment 
BIAS : Finely balance here with the 0.8860-63 area important - if it holds then we could see... For more information, read our latest forex news and reports.
New York Times  Mar 31  Comment 
An exhibit that depicts what may be going on behind the scenes of a natural history museum, a show that reveals how animals’ minds work and high-tech music.     
FX Street  Mar 28  Comment 
BIAS : Take care until the 139.80 area is broken - or breaks back above 141.03 MAIN ANALYSIS : We... For more information, read our latest forex news and reports.
SeekingAlpha  Mar 25  Comment 
ByCobiaman: Harmonic Inc (HLIT) is a leading supplier of video broadcast infrastructure to cable companies, telcos, and broadcasters. Its esoteric but necessary equipment accomplishes functions such as video storage, playback, encoding and...
FX Street  Mar 21  Comment 
BIAS : While 0.9079-00 caps we should see losses back below 0.8994 MAIN ANALYSIS : Losses broke... For more information, read our latest forex news and reports.
FX Street  Mar 20  Comment 
BIAS : Care as the day starts MAIN ANALYSIS : Price failed to break above 1.3947… and the loss of... For more information, read our latest forex news and reports.
FX Street  Mar 6  Comment 
BIAS : Cautiously I see more evidence of the downside resuming MAIN ANALYSIS : Price remained below... For more information, read our latest forex news and reports.
FX Street  Mar 3  Comment 
BIAS : While 1.3720-40 supports we should see gain through 1.3924-44 MAIN ANALYSIS : Friday's was... For more information, read our latest forex news and reports.
FX Street  Feb 27  Comment 
BIAS : We should see gains back to 141.03-26 for a final correction lower MAIN ANALYSIS : Losses... For more information, read our latest forex news and reports.
FX Street  Feb 14  Comment 
BIAS : We should now see gains through 0.9010 and 0.9021-29 to reach the 0.9080-01 area before... 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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