Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Harmonic Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Harmonic Inc. (“Harmonic” or “the Company”) (NASDAQ: HLIT). Investors who purchased Harmonic securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Harmonic has violated federal securities laws.
Investigation Details
On February 10, 2025, Harmonic reported its financial results for the fourth quarter and fiscal year ended December 31, 2025. For the first quarter of 2025, Harmonic forecasted earnings per share (“EPS”) in the range of $0.02 to $0.08 on revenue of $120 million to $135 million, well below analyst projections of $0.12 EPS and $149.39 million in revenue. The Company also provide full-year 2025 guidance of EPS in the range of $0.43 to $0.68 on revenue of $585 million to $645 million, likewise missing consensus estimates of $0.87 EPS and $720.73 million in revenue. On this news, Harmonic’s stock price fell $1.70 per share, or 15.29%, to close at $9.42 per share on February 11, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Harmonic securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
HLIT — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”