Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet. The Company's products fall into four principal categories; video production products, video server products for playout, video processing products, and cable edge products. Video production products are used to support video editing, post-production, and finishing. Server systems are used to assemble and play out one or more channel systems. Video processing products are used by media companies, broadcasters, telcos, satellite operators, cable operators, and OTT operators to acquire and use different types and sources of video signals. Cable edge products are used by cable operators to deliver customized broadcast or on-demand and data services to their subscribers. Harmonic supplies cable television headend or hub devices that receive digital video or data from the operator network, re-packetizes the video or data into a MPEG transport stream, then digitally modulates the MPEG transport stream onto a downstream RF channel using quadrature amplitude modulation (QAM). Harmonic sells its products to cable, satellite and telco, and broadcast and media companies. 

Company Growth (employees)
Type
Public
HQ
San Jose, US
Size (employees)
1,376 (est)
Harmonic is headquartered in San Jose, US

Key People/Management at Harmonic

Patrick Harshman

Patrick Harshman

President and Chief Executive Officer
Sanjay Kalra

Sanjay Kalra

Chief Financial Officer
Shahar Bar

Shahar Bar

Senior Vice President, Corporate Development
Nimrod Ben-Natan

Nimrod Ben-Natan

Senior Vice President and General Manager, Cable Products
Charles Bonasera

Charles Bonasera

Senior Vice President, Operations

Harmonic Office Locations

Harmonic has offices in San Jose, Hong Kong, Noida, Chuo and in 13 other locations
San Jose, US (HQ)
4300 N First Street
Dubai, AE
Dubai Media City Al Thuraya 2, 805 Dubai 500717
Moskva, RU
Mosenka Park Towers Taganskaya Street 17-23 Building B, 11th Floor
Caesarea, IL
19 Alon Hatavor St., P.O.B 3600 Caesarea Industrial Park
Issy-les-Moulineaux, FR
50 Rue Camille Desmoulins
Farnborough, GB
250 Fowler Ave
Show all (17)

Harmonic Financials and Metrics

Harmonic Financials

Harmonic's revenue was reported to be $405.9 m in FY, 2016
USD

Revenue (Q2, 2017)

82.3 m

Gross profit (Q2, 2017)

33.8 m

Gross profit margin (Q2, 2017), %

41%

Net income (Q2, 2017)

(31.5 m)

EBIT (Q2, 2017)

(27.4 m)

Market capitalization (13-Nov-2017)

317.6 m

Cash (30-Jun-2017)

52.9 m
Harmonic's current market capitalization is $317.6 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

461.9 m433.6 m377 m405.9 m

Revenue growth, %

(6%)(13%)8%

Cost of goods sold

216.6 m214.5 m196.8 m172.3 m122 m205.2 m

Gross profit

265.2 m261.3 m255 m200.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

122.9 m108 m109.6 m108.1 m83.3 m104 m103.1 m81.8 m109.6 m101.4 m82.9 m82.3 m

Cost of goods sold

66.1 m55.7 m59.8 m54.6 m37.1 m49 m48.7 m41.2 m58.5 m50 m42.5 m48.5 m

Gross profit

56.8 m52.3 m49.8 m53.4 m46.2 m55 m54.4 m40.7 m51 m51.4 m40.4 m33.8 m

Gross profit Margin, %

46%48%45%49%55%53%53%50%47%51%49%41%
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

152.5 m96.5 m91 m96.7 m90.3 m73 m126.2 m55.6 m

Accounts Receivable

75.1 m74.1 m69.5 m86.8 m

Inventories

36.9 m32.7 m38.8 m41.2 m

Current Assets

328.7 m232.7 m286.1 m216.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

93.3 m69.2 m59.2 m42 m61.6 m79.7 m76 m57 m51.5 m44.7 m55.3 m52.9 m

Accounts Receivable

85.1 m77.5 m79.9 m75.6 m64.1 m75.9 m76.1 m95.5 m102.7 m99.1 m69.8 m60.4 m

Inventories

40.4 m30.3 m30.2 m32.5 m39.9 m31.5 m32.5 m42.4 m36.6 m35.8 m39.9 m35.1 m

Current Assets

329.6 m309.6 m275 m234.8 m226.6 m243.1 m245.9 m256.4 m247.9 m226.1 m192.4 m172.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

37 m(46.2 m)(15.7 m)(72.3 m)

Depreciation and Amortization

8.1 m6.8 m5.8 m10.4 m

Accounts Receivable

9.9 m(1 m)2.6 m(2.6 m)

Inventories

13.3 m1.6 m(6 m)(4.1 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

36.8 m(5.4 m)(37.1 m)1.1 m(4.8 m)(2.7 m)(994 k)(25.2 m)(20.7 m)(16 m)(24 m)

Depreciation and Amortization

1.7 m1.7 m1.4 m1.4 m1.4 m2.4 m4.2 m3 m774 k

Accounts Receivable

79.9 m75.6 m64.1 m75.9 m76.1 m95.5 m102.7 m99.1 m69.8 m

Inventories

30.2 m32.5 m39.9 m31.5 m32.5 m42.4 m36.6 m35.8 m39.9 m
Y, 2017

Financial Leverage

2.2 x
Show all financial metrics

Harmonic Operating Metrics

Harmonic's Patent Applications was reported to be 80 in Q1, 2017. Harmonic's Backlog was reported to be $188.4 m in FY, 2016, which is a 57% increase from the previous period
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2016Q2, 2016Q3, 2016FY, 2015Q1, 2017Q2, 2016Q3, 2016FY, 2016Q1, 2017

Patents (US)

53545455555657597269697173

Patents (foreign)

333333343435353511842424444

Patent Applications

222222232224263013978907880

Satellite Operators

100100100
Show all operating metrics

Harmonic Market Value History

Harmonic Revenue Breakdown

Harmonic Median Salaries

Source: 51 public H-1B filings from Harmonic

Harmonic's Web-traffic and Trends

Harmonic Online and Social Media Presence

Harmonic News and Updates

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YES, a tier 1 direct broadcast satellite television provider in Israel, is making the move to launch a live UHD channel and it has tapped Harmonic to help it do so.

SMPTE 2017: Q&A—Thierry Fautier, Harmonic

Shortly before the start of SMPTE 2017 Technical Conference & Exhibition, TV Technology spoke with Thierry Fautier, vice president of video strategy, Harmonic, about his Thursday session “State-of-the-Art Virtual Reality Streaming: Solutions for Reducing Bandwidth & Improving Video Quality.”

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WiseGuyReports.Com Publish a New Market Research Report On - “Playout Automation Market 2017 Global Analysis By key Players – Miranda Technologies, Hardata, Imagine Communication, Florical Systems, Grass Valley”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Harmonic Damper Market Overview, Opportunity & Forecast 2022

The report provides in depth study of “Harmonic Damper” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization Posted via Industry Today. Follow us on Twitter @IndustryToday

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Harmonic Company Life and Culture

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