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Harman's business success is loud and clear. Founded in 1980 and headquartered in Stamford, CT, Harman International Industries, Incorporated (NYSE: HAR) develops, manufactures, and markets audio equipment. The company offers high-end speakers, amplifiers, studio monitors, microphones, mixing consoles, and CD and DVD players. It sells to consumers, audio professionals, and the automotive market, primarily through specialty and retail stores. Its brands include Harman/Kardon, JBL, and Infinity. The
Harman's business success is loud and clear. Founded in 1980 and headquartered in Stamford, CT, Harman International Industries, Incorporated (NYSE: HAR) develops, manufactures, and markets audio equipment. The company offers high-end speakers, amplifiers, studio monitors, microphones, mixing consoles, and CD and DVD players. It sells to consumers, audio professionals, and the automotive market, primarily through specialty and retail stores. Its brands include Harman/Kardon, JBL, and Infinity. The company had 2009 (FYE 06/30/09) revenue of about $2.9 billion and employs about 9,480 people. In July 2009, the company launched a record 13 major audio and infotainment platforms for leading global automakers in less than 24 months.
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2/13/10: |
Harman International
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2/12/10: |
Harman & Sony Partner To Develop & Sell So...
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2/11/10: |
Harman International Industries Closed At Second Consecutive
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| Income (in thousands of USD) |
3 months ending 2009-12-31 |
12 months ending 2009-06-30 |
| Revenue | 937,489 | 2,891,022 |
| Net Income | 16,099 | -422,551 |
| Balance Sheet (in thousands of USD) | ||
| Current Assets | 1,653,075 | 1,510,531 |
| Total Assets | 2,584,766 | 2,492,353 |
| Current Liabilities | 786,224 | 743,530 |
| Total Liabilities | 1,537,769 | 1,518,528 |
| Total Shareholders Equity | 1,046,997 | 973,825 |
| Cash Flow (in thousands of USD) | ||
| Cash from Operating Activity | 117,614 | 78,660 |
| Cash from Investing Activity | -174,160 | -67,012 |
| Cash from Financing Activity | 2,363 | 375,986 |
| Change in Cash | -61,046 | 367,460 |
| Key Stats |
3 months ending 2009-12-31 |
Trailing 12 Months |
| Gross Profit Margin | 27.62% | 24.12% |
| Net Profit Margin | 1.72% | -3.98% |
| Return on Assets | 0.62% | -4.56% |
| Return on Equity | 1.54% | -11.25% |
| Return on Invested Capital | 2.21% | -6.65% |