Harmonic Inc. logo HLIT - Harmonic Inc.

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| PRICE TARGET: $15.75 DETAILS
HIGH: $18.00
LOW: $15.00
MEDIAN: $15.00
CONSENSUS: $15.75
UPSIDE: 30.92%

About Harmonic Inc. (https://www.harmonicinc.com)

Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content – including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

Key Executives

NAME TITLE DOB SALARY
Nimrod Ben-Natan President, Chief Executive Officer & Director 1968 $1,235,530 USD
Neven Haltmayer Senior VP & GM of Video Business 1965 $1,045,035 USD
Walter F. Jankovic Chief Financial Officer 1969 $850,490 USD
Timothy C. Chu General Counsel, Senior Vice President of Human Resources & Corporate Secretary 1973 $679,616 USD
Jeremy Rosenberg Senior Vice President of Business Development 1958 $440,796 USD
Andrew O'Dell Senior VP of Products & Customer Experience
David Hanover Investor Relation Officer
Gil Rudge Senior Vice President of Solutions and Americas Sales
Jeffrey Glahn Senior Vice President of Global Sales & Broadband 1978
Lena Pavlovskaia Senior Vice President of R&D
Netra Ghosh Corporate Communications Manager
Noam Adika Senior Vice President of R&D
Pamela Gillies Vice President of Marketing
Yaniv Ben-Soussan Senior Vice President of Customer Experience

Company Peers

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