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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Harmonic's shares outstanding for the quarter that ended in Dec. 2023 was 112.4 Mil.
Harmonic's quarterly shares outstanding increased from Sep. 2023 (112.2 Mil) to Dec. 2023 (112.4 Mil). It means Harmonic issued new shares from Sep. 2023 to Dec. 2023 .
Harmonic's annual shares outstanding increased from Dec. 2022 (109.9 Mil) to Dec. 2023 (112.4 Mil). It means Harmonic issued new shares from Dec. 2022 to Dec. 2023 .
The historical data trend for Harmonic's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harmonic Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shares Outstanding (EOP) | Get a 7-Day Free Trial | 91.88 | 98.20 | 102.96 | 109.87 | 112.41 |
Harmonic Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shares Outstanding (EOP) | Get a 7-Day Free Trial | 109.87 | 111.33 | 111.58 | 112.17 | 112.41 |
For the Communication Equipment subindustry, Harmonic's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Harmonic's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Harmonic's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
Harmonic (NAS:HLIT) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Harmonic's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Walter Jankovic | officer: Chief Financial Officer | 2950 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Jeremy Rosenberg | officer: Interim CFO & SVP Bus Dev | 2590 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Patrick Harshman | officer: President, BAN Division | 2950 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Nimrod Ben-natan | officer: VP, Solutions & Strategy | 2950 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Neven Haltmayer | officer: Vice President, R&D | 549 BALTIC WAY, SUNNYVALE CA 94089 |
Sanjay Kalra | officer: Chief Financial Officer | HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134 |
Ian Graham | officer: SVP, Intl Sales & Video Svcs | 2950 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Sophia Kim | director | 2590 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Nikos Theodosopoulos | director | C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054 |
Daniel T Whalen | director | 2055 BENJAMIN CIRCLE, WALL NJ 07719 |
David Krall | director | C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876 |
Eric Louvet | officer: SVP Sales NA & APAC | 4300 NORTH FIRST STREET, SAN JOSE CA 95134 |
Susan Swenson | director | C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052 |
Deborah Clifford | director | 4300 NORTH FIRST STREET, SAN JOSE CA 95134 |
William F Reddersen | director |
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