Harmonic Inc (HLIT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Harmonic Inc designs, manufactures and sells video infrastructure products and system solutions. It enables service providers to efficiently deliver the next generation of broadcast and on-demand services. Harmonic Inc has a market cap of $477.072 million; its shares were traded at around $5.48 with and P/S ratio of 1.20.
For the last quarter Harmonic Inc reported a revenue of $113.7 million, compared with the revenue of $101.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $403.6 million, an increase of 12.6% from last year. For the last five years Harmonic Inc had an average revenue decline of 3.3% a year.
The reported loss per diluted share was 25 cents for the year, compared with the loss per share of $0.5 in the previous year. The Harmonic Inc had an operating margin of -0.52%, compared with the operating margin of -18.3% a year before. The 10-year historical median operating margin of Harmonic Inc is -3.77%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Harmonic Inc has the cash and cash equivalents of $66.0 million, compared with $57.0 million in the previous year. The long term debt was $127.5 million, compared with $124.1 million in the previous year. Harmonic Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $5.48, Harmonic Inc is traded at 17% discount to its historical median P/S valuation band of $6.60. The P/S ratio of the stock is 1.20, while the historical median P/S ratio is 1.41. The stock gained 56.57% during the past 12 months.
For the complete 20-year historical financial data of HLIT, click here.
