Harmonic, Inc.
0.0 %
-2.22 %
Yet to be announced
Company Overview
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The Video segment sells video processing, production, and playout solutions and services. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services.
Revenue Sources
Based on review of Harmonic's SEC filings and company reports, their revenue streams come primarily from legitimate technology products and services related to video delivery infrastructure. Their business model focuses on providing video processing and delivery solutions, which are halal activities. There is no evidence of revenue from prohibited sources like gambling, alcohol, or other haram products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 27, 2024 | $195.76m | $163.02m | - | $2.69m | 0.00% | 1.65% |
| June 28, 2024 | $138.74m | $155.79m | - | $1.42m | 0.00% | 0.91% |
| March 29, 2024 | $122.06m | $132.31m | - | $723,000 | 0.00% | 0.55% |
| Dec. 31, 2023 | $167.09m | $158.03m | - | $571,000 | 0.00% | 0.36% |
Analyzing the last four quarters of financial data, Harmonic's interest expenses as a proportion of total expenses have remained consistently low. Interest expense ratios for the most recent quarters were well below the 5% threshold that would indicate material reliance on interest-bearing debt.
Operational Ethics
After reviewing Harmonic's public disclosures, annual reports, and company information, there is no evidence of significant ongoing associations with the state of Israel or the Chinese Communist Party. The company maintains global operations but there are no documented concerning ties to entities involved in human rights violations.
Login to join the discussion