Harmonic Inc. Files 8-K on Financial Condition, Operations

Ticker: HLIT · Form: 8-K · Filed: Jan 29, 2024 · CIK: 851310

Harmonic Inc 8-K Filing Summary
FieldDetail
CompanyHarmonic Inc (HLIT)
Form Type8-K
Filed DateJan 29, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.001
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, operations, 8-K, corporate-update

TL;DR

**Harmonic Inc. just dropped an 8-K on its financials, signaling an update on company performance.**

AI Summary

Harmonic Inc. filed an 8-K on January 29, 2024, to report on its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing financially, which can influence stock price and investment decisions.

Why It Matters

This filing provides an update on Harmonic Inc.'s financial health, which is essential for investors to assess the company's performance and make informed decisions about their investment.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate new risks.

Analyst Insight

Investors should look for the full financial statements and exhibits that will accompany this 8-K to get a complete picture of Harmonic Inc.'s performance and future outlook.

Key Numbers

  • January 29, 2024 — Date of Report (The date of the earliest event reported in the 8-K filing.)
  • 000-25826 — Commission File Number (Harmonic Inc.'s SEC file number, indicating its registration with the SEC.)
  • $0.001 — par value per share (The par value of Harmonic Inc.'s Common Stock.)

Key Players & Entities

  • HARMONIC INC. (company) — the registrant filing the 8-K
  • Delaware (company) — state of incorporation for Harmonic Inc.
  • 000-25826 (dollar_amount) — Commission File Number for Harmonic Inc.
  • 77-0201147 (dollar_amount) — IRS Employer Identification No. for Harmonic Inc.
  • 2590 Orchard Parkway, San Jose, CA 95131 (company) — principal executive offices address for Harmonic Inc.
  • 408-542-2500 (dollar_amount) — registrant's telephone number
  • HLIT (company) — trading symbol for Harmonic Inc. Common Stock
  • NASDAQ Global Select Market (company) — exchange where Harmonic Inc. Common Stock is registered

Forward-Looking Statements

  • Harmonic Inc. will release more detailed financial results soon, building on this initial 8-K. (HARMONIC INC.) — high confidence, target: Q1 2024 earnings report

FAQ

What is the primary purpose of this 8-K filing by Harmonic Inc.?

The primary purpose of this 8-K filing, dated January 29, 2024, is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item Information.

What is Harmonic Inc.'s trading symbol and on which exchange is its common stock registered?

Harmonic Inc.'s trading symbol is HLIT, and its Common Stock, with a par value of $0.001 per share, is registered on the NASDAQ Global Select Market.

What is the state of incorporation for Harmonic Inc.?

Harmonic Inc. is incorporated in Delaware, as stated in the filing.

What is the business address and phone number of Harmonic Inc. as listed in the filing?

The business address for Harmonic Inc. is 2590 Orchard Parkway, San Jose, CA 95131, and its telephone number is (408) 542-2500.

Is Harmonic Inc. considered an emerging growth company according to this filing?

No, the filing indicates with a checked box that Harmonic Inc. is NOT an emerging growth company, as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2024-01-29 16:10:55

Key Financial Figures

  • $0.001 — ich registered Common Stock, par value $0.001 per share HLIT NASDAQ Global Select Mar

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 29, 2024, Harmonic Inc. (the " Company ") issued a press release regarding its preliminary unaudited financial results for the quarter and year ended December 31, 2023. In the press release, Harmonic also announced that it would be holding a conference call on January 29, 2024 to discuss its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto, and the information in Exhibit 99.1 is incorporated herein by reference. The information in this Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and this Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 furnished herewith shall not be incorporated by reference into any filing by Harmonic under the Securities Act of 1933, as amended (the "Securities Act"), or under the Exchange Act.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release of Harmonic Inc. dated January 29 , 202 4 , entitled "Harmonic Announces Fourth Quarter and Fiscal 202 3 Results." 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 29, 2024 HARMONIC INC. By: /s/ Walter Jankovic Walter Jankovic Chief Financial Officer

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