Harmonic Inc. (HLIT) stock declined over -1.37%, trading at $12.28 on NASDAQ, down from the previous close of $12.45. The stock opened at $12.79, fluctuating between $12.25 and $12.79 in the recent session.
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.
Employees | 1238 |
Beta | 0.89 |
Sales or Revenue | $607.91M |
5Y Sales Change% | 0.155% |
Fiscal Year Ends | December |
Sector | Technology |
Industry | Communication Equipment |
Harmonic Inc. (NASDAQ: HLIT) stock price is $12.28 in the last trading session. During the trading session, HLIT stock reached the peak price of $12.79 while $12.25 was the lowest point it dropped to. The percentage change in HLIT stock occurred in the recent session was -1.37% while the dollar amount for the price change in HLIT stock was -$0.17.
The NASDAQ listed HLIT is part of Communication Equipment industry that operates in the broader Technology sector. Harmonic Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Timothy C. Chu
Gen. Counsel, Senior Vice President of HR & Corporation Sec.
Mr. Jean-Marc Guiot
Senior Vice President of Operations & IT
Mr. Michael Smiley
Fin. & Investor Relations Mang.
Mr. Shahar Bar
Senior Vice President of Corporation Devel.
Ms. Crystele Trevisan-Jallu
Senior Vice President of Corporation Marketing & Communications
Dr. Patrick J. Harshman
Pres, Chief Executive Officer & Director
Mr. Ian Graham
Senior Vice President of Global Sales & Video Services
Mr. Walter F. Jankovic
Chief Financial Officer
Mr. Neven Haltmayer
Senior Vice President of Video R&D
Mr. Nimrod Ben-Natan
Senior Vice President & GM of Cable Products
Mr. Jeremy Rosenberg
Interim Chief Financial Officer & Senior Vice President of Bus. Devel.
HLIT's closing price is 34.95% higher than its 52-week low of $9.10 where as its distance from 52-week high of $15.46 is -20.57%.
Number of HLIT employees currently stands at 1,238.
Official Website of HLIT is: https://www.harmonicinc.com
HLIT could be contacted at phone 408 542 2500 and can also be accessed through its website. HLIT operates from 2590 Orchard Parkway, San Jose, CA 95131, United States.
HLIT stock volume for the day was 1.23M shares. The average number of HLIT shares traded daily for last 3 months was 1.19M.
The market value of HLIT currently stands at $1.43B with its latest stock price at $12.28 and 116.53M of its shares outstanding.
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