Harmonic

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Cable Access segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Cable Access segment offers solutions to cable operators. The company was founded in June 1988 and is headquartered in San Jose, CA.

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Harmonic achieves record revenue in Q4 2022, poised for growth

Harmonic's Q4 2022 performance showcased record revenue and strong financial metrics, with a positive outlook for growth in 2023. Despite facing challenges in meeting growth targets and addressing analyst inquiries, the company's strategic focus on key segments and technologies presents promising opportunities for the future.

Harmonic posts robust Q1 results, eyes growth amid challenges

Harmonic's Q1 2023 performance reflects strong revenue and margin growth in Broadband and Video segments.
While facing challenges in revenue recognition timing and market share competition, Harmonic is well-positioned for growth.
Opportunities lie in partnerships, segment revenue expectations, and confidence in achieving financial targets.

Harmonic reports solid Q2 results, eyes growth in software and new markets

Harmonic's Q2 2023 performance showcased solid revenue and growth in Broadband and Video SaaS segments.
While facing challenges like soft hardware deliveries and increased expenses, the company remains optimistic about future prospects.
Strengths in software differentiation, customer relationships, and improved lead times position Harmonic for future success.
Opportunities lie in rebounding hardware deliveries, new Tier 1 wins, and DOCSIS 4.0 deployments for future growth.
Overall, Harmonic's focus on market drivers and execution underscores confidence in its long-term strategy.

Harmonic reports Q3 revenue growth in Video SaaS segment

Harmonic's Q3 performance reflected mixed results with revenue growth in Video SaaS but decline in broadband segment.
The company's strengths lie in technological advancements, revenue growth in Video SaaS, and optimism for sustained growth.
Challenges include revenue decline in broadband, book-to-bill ratio below one, and managing margin expectations.
Opportunities exist in strategic reviews, CableOS integration, customer diversification, and value creation for shareholders.

Harmonic achieves record revenue in Q4 2023, eyes growth opportunities

Harmonic's Q4 2023 earnings call highlighted solid performance, revenue growth, and strategic initiatives. While facing challenges related to inventory adjustments and margin impacts, the company's strengths in revenue diversification and deployment expertise position them for future growth opportunities.

Harmonic reports solid Q1 results, eyes growth in broadband market

Harmonic's Q1 performance reflects resilience with strong revenue, backlog, and growth initiatives despite challenges.
The company's strengths in market leadership, supply chain readiness, and strategic focus position it well for future opportunities.
Navigating challenges through urgency in network upgrades, customer transitions, and market dynamics will be key to sustained growth.

Harmonic exceeds Q2 revenue targets, eyes growth amid market challenges

Harmonic's Q2 2024 earnings call showcased robust financial performance, exceeding expectations and demonstrating growth across key segments.
While facing challenges in competitive markets and industry dynamics, the company's strengths in customer base expansion and product innovation position it well for future opportunities.
By addressing challenges, leveraging strengths, and capitalizing on growth opportunities, Harmonic aims to sustain its financial performance and market position in the coming quarters.

Harmonic achieves record Q3 results, eyes growth through innovation

Harmonic delivered exceptional Q3 results with record revenue and EBITDA, driven by strong performance in Broadband and Video segments.
While facing challenges in bookings and liquidity, the company's focus on innovation, social responsibility, and profitability positions it well for future growth.
Opportunities lie in leveraging technology advancements, expanding market reach, and strategic investments to sustain momentum and capitalize on emerging trends.

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Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Broadband segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Broadband segment offers solutions to cable operators broadband access solutions and related services, including cOS software-based broadband access solution, to broadband operators globally. The company was founded in June 1988 and is headquartered in San Jose, CA.

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5 Stocks With Recent Price Strength Amid September Rout

Harmonic Inc. (NASDAQ:HLIT) had a stellar month of September. The stock has returned by more than 17% amid a drop of 7% in the benchmark S&P 500 index.

Should you buy Harmonic Inc. after a breakout to a new high?

Based on Harmonic's Market-Leading CableOS Platform, the FTTx and ONU Offering Provides a Flexible Path to Fiber   SAN JOSE, Calif. , Sept. 20, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it is offering a powerful new fiber solution for cable operators in collaboration with Hitron Technologies, the fastest-growing DOCSIS customer premise equipment manufacturer in North America.

Harmonic and Hitron Technologies Join Forces to Offer Sustainable Fiber Solution

Pebble-2 Offers Unparalleled Flexibility and Efficiency for 10G Broadband, Supporting R-PHY, R-MACPHY, and DOCSIS 4.0 FDD and FDX Deployments SAN JOSE, Calif. , Sept. 19, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the Pebble-2 distributed access architecture (DAA) device as the newest member of its market-leading CableOS® Cloud-Native Core Platform family.

Harmonic Extends Market Leadership with New Remote DAA Device

Harmonic (HLIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Harmonic (HLIT): Can Its 6.1% Jump Turn into More Strength?

SAN JOSE, Calif. , Sept. 15, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Andrii Vladyka, technical product manager for the company's broadband business, will be honored with the 2022 SCTE® Wilt J.

Harmonic's Rising Star Andrii Vladyka Receives SCTE Wilt J. Hildenbrand Jr. Award

Harmonic Highlights Transition Path to 10G, Guiding Operators Toward Modern Cable Infrastructure SAN JOSE, Calif. , Sept. 13, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will showcase next-gen broadband innovations at SCTE Cable-Tec Expo 2022.

As Race to 10G Heats Up, Harmonic Brings Next-Generation Virtualization to SCTE Cable-Tec Expo

Latin America OTT Operator Streams Over 100 Linear Channels With Harmonic's VOS360 Cloud SaaS Platform SAN JOSE, Calif. , Sept. 9, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that DIRECTV GO, a Vrio company, is streaming more than 100 linear channels with Harmonic's VOS®360 cloud SaaS platform.

DIRECTV GO Expands Streaming Service With Harmonic SaaS Platform

New DVB-SIS Solution Offers Significant Cost Savings for DTT and DTH Broadcasters SAN JOSE, Calif. , Sept. 7, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will introduce a new Single Illumination System (SIS) offering to ensure greater interoperability and cost savings for broadcast operators with digital terrestrial television (DTT) and direct-to-home (DTH) services.

Harmonic Unveils Single Illumination System for Satellite Distribution

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HLIT, MBWM, CFR, PDD and CHK have been added to the Zacks Rank #1 (Strong Buy) List on September 2, 2022.

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Viaccess-Orca's Dynamic Watermarking Technology Will Be Integrated With Harmonic's VOS360 Cloud SaaS Platform PARIS and SAN JOSE, Calif. , Sept. 1, 2022 /PRNewswire/ -- Viaccess-Orca (VO), a global leader providing OTT and TV platforms, content protection, and advanced data solutions, and Harmonic, the worldwide leader in video delivery solutions, announced today that the two companies are joining forces to improve content protection for live sports streaming.

Viaccess-Orca and Harmonic Team Up to Optimize Content Protection for Live Sports Streaming

SAN JOSE, Calif., Aug. 30, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that its VOS®360 SaaS platform is now available on Google Cloud, bringing additional infrastructure options to media and entertainment companies.

Harmonic Adds Google Cloud Support to VOS360 SaaS Platform

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NAGRA NexGuard Forensic Watermarking Is Integrated With Harmonic's VOS®360 Cloud SaaS Platform to Secure Live Sports Streaming SAN JOSE, Calif. , Aug. 23, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) and NAGRA today announced that the companies are teaming up to improve content protection for live sports streaming with a new watermarking-as-a-service offering.

Harmonic and NAGRA Announce Watermarking as a Service for Live Sports Streaming

The consensus price target hints at a 28.8% upside potential for Harmonic (HLIT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can Harmonic (HLIT) Climb 29% to Reach the Level Wall Street Analysts Expect?

Latest Innovations Boost Revenue and Increase Viewer Engagement for Media and Entertainment Companies SAN JOSE, Calif. , Aug. 17, 2022 /PRNewswire/ -- Harmonic, Inc. (NASDAQ: HLIT) today announced that it will bring the company's latest cloud-native and on-prem innovations for video streaming and broadcast delivery to IBC2022.

Harmonic Expands Cloud Video Streaming and Simplifies Broadcast Workflows at IBC2022

The mean of analysts' price targets for Harmonic (HLIT) points to a 29% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Harmonic (HLIT) Could Surge 29%: Read This Before Placing a Bet

Harmonic, Inc. (NASDAQ:HLIT ) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants David Hanover - IR Sanjay Kalra - SVP & CFO Patrick Harshman - President, CEO & Director Conference Call Participants Simon Leopold - Raymond James & Associates Ryan Koontz - Needham & Company Timothy Savageaux - Northland Capital Markets Kyle McNealy - Jefferies Operator Welcome to the Q2 2022 Harmonic Earnings Conference Call. My name is Kevin, and I'll be your operator for today.

Harmonic, Inc. (HLIT) CEO Patrick Harshman on Q2 2022 Results - Earnings Call Transcript

Record total revenue up 39% year over year Cable Access revenue up 62% and Video SaaS revenue up 69% year over year SAN JOSE, Calif. , Aug. 1, 2022 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2022.

Harmonic Announces Second Quarter 2022 Results

SAN JOSE, Calif. , July 26, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that satellite operator HISPASAT Peru is using Harmonic's cloud-native platform to power white-label streaming and robust direct-to-home (DTH) broadcast services.

HISPASAT Peru Unites Streaming and DTH Service Delivery with Harmonic Cloud Platform

SAN JOSE, Calif. , July 19, 2022 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced that it will release its second quarter 2022 financial results after the market close on Monday, August 1, 2022.

Harmonic Announces Reporting Date for Second Quarter 2022 Results

Pebble DAA Device Transforms End-of-Life GS7000 Node Into Future-Ready Solution for Next-Gen Broadband SAN JOSE, Calif. , June 8, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it has developed an upgrade kit that breathes new life into Cisco's end-of-life GS7000 node, transforming it into a distributed access architecture (DAA) node that supports Flexible MAC Architecture (FMA) solutions for delivering next-gen broadband.

Harmonic Breathes New Life Into Cisco GS7000 Node

SAN JOSE, Calif. , May 25, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Patrick Harshman, Chief Executive Officer, will participate in a fireside chat at the Jefferies Software Conference in San Francisco on Thursday, June 2, 2022 at 8:30 a.m.

Harmonic to Participate in the Jefferies Software Conference

Leading French-Language Entertainment Network Streams Internationally with VOS360 SaaS SAN JOSE, Calif. , May 24, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that leading French-language entertainment provider TV5MONDE is streaming its channels to millions of households with Harmonic's VOS®360 cloud SaaS platform.

TV5MONDE Expands Global Reach with Harmonic Cloud Streaming

SAN JOSE, Calif. , May 10, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Patrick Harshman, Chief Executive Officer, and Jeremy Rosenberg, Senior Vice President of Business Development, will participate in a fireside chat at the 17th Annual Needham Technology & Media Conference on Monday, May 16, 2022 at 12:45 p.m.

News for Harmonic Stock (HLIT)