Harmonic (HLIT) Financials

Harmonic Inc (HLIT) is a company that specializes in video and broadband solutions. As of the most recent financial statement, the company reported a total revenue of $413.3 million. This represents a decrease of 2% from the previous year. The gross profit for Harmonic Inc was $195.8 million, which is a decrease of 4% from the previous year. The net income from stockholders for Harmonic Inc was $5.9 million, which is a decrease of 52% from the previous year. The company's EBIT (Earnings Before Interest and Taxes) was $15.2 million, while the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $34.6 million. This indicates that Harmonic Inc had a relatively stable operating performance during the reporting period.

Looking at the balance sheet, Harmonic Inc had a total assets value of $777.2 million, while its total liabilities were $572.1 million. The stockholders' equity for the company was $205.1 million. It is important to note that Harmonic Inc had net debt of $225.3 million, indicating that the company has more liabilities than assets. However, the company also reported cash equivalents of $48.7 million, which represents the amount of cash or cash-like instruments that can be readily converted into cash. This indicates that Harmonic Inc has some liquidity to cover its short-term obligations. In terms of cash flow, Harmonic Inc reported an operating cash flow of $63.4 million, which indicates that the company generated positive cash flow from its core operations. The investing cash flow for the company was -$23.5 million, indicating that Harmonic Inc made investments during the reporting period. The financing cash flow was -$40 million, indicating that the company had net cash outflow from financing activities. Finally, Harmonic Inc reported free cash flow of $39.9 million, which represents the cash flow available to the company after accounting for capital expenditures and other operating expenses.