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home / news releases / HLIT - Harmonic: Give It Some Time


HLIT - Harmonic: Give It Some Time

2024-07-05 08:57:45 ET

Summary

  • Harmonic Inc. shares are expensive at 20x FWD earnings.
  • Harmonic is a global provider of broadband solutions for streaming and broadcasting services, with a focus on shifting towards streaming service providers.
  • The company's revenues are split into non-recurring appliance and integration segment, and recurring SaaS and services segment, with strong lock-in and high switching costs.
  • Shares are a hold despite being somewhat overvalued.

Investment Thesis

For further details see:

Harmonic: Give It Some Time
Stock Information

Company Name: Harmonic Inc.
Stock Symbol: HLIT
Market: NASDAQ
Website: harmonicinc.com

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