Harmonic +4.5% on Comcast license deal [Seeking Alpha]
Harmonic Inc. (HLIT)
Last harmonic inc. earnings: 4/27 04:15 pm
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US:NASDAQ Investor Relations:
investor.harmonicinc.com/investor-overview
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Source: Seeking Alpha
Harmonic (NASDAQ: HLIT ) is after hours following a filing where it discloses that Comcast (NASDAQ: CMCSA ) has entered an enterprise license deal for its CableOS software. Comcast affiliate Comcast Cable Communications Management committed to $175M in software license fees over a four-year term. CCCM will pay an initial $50M of the fees in 2019. In consideration for the deal, Harmonic has deemed that all warrant shares it previously issued to Comcast (the right to purchase up to 7.82M shares at an exercise price of $4.76) are fully vested and exercisable. See all stocks on the move » Now read: ACIA, QTT and GTT among tech movers » Subscribe for full text news in your inbox
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HLIT
News
- Harmonic Inc. (NASDAQ: HLIT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $18.00 price target on the stock.MarketBeat
- Harmonic Announces Reporting Date for First Quarter 2024 ResultsPR Newswire
- Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShift [Yahoo! Finance]Yahoo! Finance
- Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShiftPR Newswire
- Filmocentro Enhances Playout Efficiency with Harmonic's Cloud Solutions [Yahoo! Finance]Yahoo! Finance
HLIT
Earnings
- 1/29/24 - Beat
HLIT
Sec Filings
- 4/18/24 - Form 8-K
- 4/8/24 - Form 8-K
- 3/6/24 - Form 4
- HLIT's page on the SEC website