Harmonic Inc financial data

Symbol
HLIT on Nasdaq
Industry
Radio & Tv Broadcasting & Communications Equipment
Location
4300 North First Street, San Jose, CA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
HARMONIC LIGHTWAVES INC (to 2/16/1999)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 128 % +7.57%
Quick Ratio 36.8 % -10%
Debt-to-equity 83.4 % -27.5%
Return On Equity 14.4 % +118%
Return On Assets 7.83 % +155%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 116M shares +3.94%
Common Stock, Shares, Outstanding 116M shares +3.96%
Entity Public Float 1.26B USD +216%
Common Stock, Value, Issued 116K USD +3.57%
Weighted Average Number of Shares Outstanding, Basic 115M shares +3.2%
Weighted Average Number of Shares Outstanding, Diluted 115M shares -3.54%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 555M USD -12.4%
Research and Development Expense 120M USD -5.67%
Operating Income (Loss) -24.1M USD -149%
Nonoperating Income (Expense) -2.91M USD +34.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -27M USD -161%
Income Tax Expense (Benefit) -83.8M USD -463%
Net Income (Loss) Attributable to Parent 56.7M USD +164%
Earnings Per Share, Basic 0.51 USD/shares +155%
Earnings Per Share, Diluted 0.49 USD/shares +188%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.9M USD -35.5%
Accounts Receivable, after Allowance for Credit Loss, Current 120M USD +0.67%
Inventory, Net 84.1M USD -25.9%
Assets, Current 285M USD -14.2%
Deferred Income Tax Assets, Net 113M USD
Property, Plant and Equipment, Net 29.6M USD -21.3%
Operating Lease, Right-of-Use Asset 15.2M USD -34.1%
Goodwill 238M USD -0.35%
Other Assets, Noncurrent 33.5M USD -43.6%
Assets 714M USD +3.38%
Accounts Payable, Current 30M USD -19.1%
Employee-related Liabilities, Current 22.2M USD -8.43%
Accrued Liabilities, Current 61M USD -8.54%
Contract with Customer, Liability, Current 53.1M USD -19.7%
Liabilities, Current 152M USD -47.2%
Operating Lease, Liability, Noncurrent 16.6M USD -23%
Other Liabilities, Noncurrent 33.3M USD +20.1%
Liabilities 321M USD -7.67%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.1M USD -45.4%
Retained Earnings (Accumulated Deficit) -2.01B USD +1.3%
Stockholders' Equity Attributable to Parent 393M USD +14.6%
Liabilities and Equity 714M USD +3.38%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 26.8M USD +328%
Net Cash Provided by (Used in) Financing Activities -23.9M USD -598%
Net Cash Provided by (Used in) Investing Activities -1.91M USD +18%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 116M shares +3.96%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 36K USD -97.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 48.8M USD -31.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.18M USD -0.42%
Deferred Tax Assets, Valuation Allowance 37.1M USD -63.3%
Deferred Tax Assets, Gross 150M USD +20.4%
Operating Lease, Liability 25.8M USD -16.6%
Depreciation 3.09M USD +1.82%
Payments to Acquire Property, Plant, and Equipment 1.91M USD -18%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 53.6M USD +94.7%
Lessee, Operating Lease, Liability, to be Paid 30.7M USD -18.3%
Property, Plant and Equipment, Gross 144M USD -0.11%
Operating Lease, Liability, Current 6.17M USD -6.91%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.94M USD -15.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.12M USD +0.21%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.92M USD -26.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.92M USD -16.4%
Deferred Tax Assets, Operating Loss Carryforwards 14.4M USD -10.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 12.5M USD +12.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.81M USD -21.5%
Operating Lease, Payments 6.93M USD -4.47%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 0 USD -100%
Deferred Tax Assets, Net of Valuation Allowance 113M USD +374%
Share-based Payment Arrangement, Expense 27.7M USD +8.57%
Interest Expense 2.71M USD -37.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%