8-K - Harmonic Inc. | StockGist

AI Analysis

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Harmonic Inc. provided unaudited supplemental historical financial information for 2025 reflecting reclassification of its Video business as discontinued operations following the December 8, 2025 Put Option Agreement with LeoneMedia Inc. (d/b/a MediaKind), with the disposition expected to close in the first half of 2026. Continuing operations now consist solely of the Broadband segment.

Key Takeaways

1Entered Put Option Agreement on December 8, 2025 to sell Video business to LeoneMedia Inc. (d/b/a MediaKind)

2Video business disposition expected to close first half of 2026 subject to customary conditions including French works council consultation

3Q4 2025 continuing operations GAAP revenue $98,235 thousand, income $219 thousand, diluted EPS $0.00

4Q4 2025 continuing operations Non-GAAP income $7,217 thousand, diluted EPS $0.06

5Video business classified as discontinued operations in FY 2025 10-K; Q4 GAAP loss from discontinued operations $(55,034) thousand due to goodwill impairment

6Exhibit 99.1 provides quarterly 2025 financials for continuing Broadband operations only

Current Report Details

Event Type

Regulation Fd

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

of this Current Report on Form 8-K and Exhibit 99.1 furnished herewith shall not be incorporated by reference into any filing by Harmonic under the Securities A

Regulation Fd

9.01

. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Unaudited Supplemental Historical Financial Information 104 Cover Page Intera

Exhibits Only

Source Document

Transaction Details

Acquisition / Disposition

Target: Video business
Consideration: N/A
Structure: Put Option Agreement

•Entered December 8, 2025
•Expected close first half of 2026
•Subject to customary closing conditions including French employee works council consultation

Exhibits (2)

8-K

99.1

EX-99.1