NASDAQ:HLIT

Harmonic Launches New High-Density Remote OLT to Simplify Fiber Broadband Service

Retrieved on: 
月曜日, 5月 13, 2024

SAN JOSE, Calif., May 13, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the launch of its new the Pearl Remote Optical Line Termination (R-OLT) module for fiber broadband service delivery from Harmonic's versatile Ripple and Oyster node enclosures. Pearl R-OLT is Harmonic's latest innovation and joins the company's broad ecosystem of fiber and DOCSIS edge devices powered by the cOS™ virtualized core.

Key Points: 
  • SAN JOSE, Calif., May 13, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the launch of its new the Pearl Remote Optical Line Termination (R-OLT) module for fiber broadband service delivery from Harmonic's versatile Ripple and Oyster node enclosures.
  • Pearl R-OLT is Harmonic's latest innovation and joins the company's broad ecosystem of fiber and DOCSIS edge devices powered by the cOS™ virtualized core.
  • Harmonic's new high-density R-OLT helps operators simplify their fiber upgrades, enabling them to accelerate time to market of high-speed fiber broadband.
  • "This product underscores our commitment to innovation and providing broadband service providers solutions that simplify network expansion."

Harmonic to Host Virtual Analyst Day

Retrieved on: 
水曜日, 5月 8, 2024

SAN JOSE, Calif., May 8, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will host a Virtual Analyst Day dedicated to its Broadband and Video business segments.

Key Points: 
  • SAN JOSE, Calif., May 8, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will host a Virtual Analyst Day dedicated to its Broadband and Video business segments.
  • The Virtual Analyst Day will be held on Thursday, June 13, 2024 at 7:00 AM PT/10:00 AM ET and is scheduled for 90 minutes.
  • A live video webcast of the event and accompanying presentations will be available on Harmonic's website at https://investor.harmonicinc.com/ .
  • An archived webcast will remain posted on the Company's investor relations website for 90 days following the event.

Harmonic Sets the Pace for Intelligent Broadband Networks at ANGA COM 2024

Retrieved on: 
水曜日, 5月 8, 2024

SAN JOSE, Calif., May 8, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will showcase its latest broadband access innovations for fiber and DOCSIS networks at ANGA COM in Germany. These advancements empower operators with increased speeds and enhanced network reliability, unlocking new revenue opportunities and improving subscriber retention.

Key Points: 
  • SAN JOSE, Calif., May 8, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will showcase its latest broadband access innovations for fiber and DOCSIS networks at ANGA COM in Germany.
  • "At ANGA COM, we'll showcase how our broadband solutions enable operators to enhance quality of subscriber experience and achieve multigigabit internet speeds with greater flexibility."
  • At ANGA COM, Harmonic will highlight the following broadband access innovations, enabling operators to:
    Maximize broadband speeds and enhance service quality: Harmonic will demonstrate its new Beacon intelligent speed maximizer (ISM) application for DOCSIS networks running on the cOS™ virtualized broadband platform that maximizes upstream and downstream speeds, mitigates network impairments and drives subscriber retention.
  • ANGA COM attendees can see Harmonic's industry-leading broadband solutions on display in hall 8, stand C35.

Harmonic to Participate in the 19th Annual Needham Technology, Media & Consumer Conference and the Jefferies Software Conference

Retrieved on: 
火曜日, 5月 7, 2024

SAN JOSE, Calif., May 7, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Walter Jankovic, Chief Financial Officer of Harmonic, will participate in a fireside chat at the 19th Annual Needham Technology, Media & Consumer Conference in New York City, on Tuesday, May 14, 2024, at 12:00 p.m. PT / 3:00 p.m.

Key Points: 
  • SAN JOSE, Calif., May 7, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Walter Jankovic, Chief Financial Officer of Harmonic, will participate in a fireside chat at the 19th Annual Needham Technology, Media & Consumer Conference in New York City, on Tuesday, May 14, 2024, at 12:00 p.m. PT / 3:00 p.m.
  • Mr. Jankovic will also host investor meetings at the Jefferies Software Conference in Newport Coast, CA, on Thursday, May 30, 3024.
  • A live video webcast of the fireside chat will be available on Harmonic's website at https://investor.harmonicinc.com/ .
  • Archived webcasts will remain posted on the company's investor relations website for 90 days post presentation.

Harmonic Extends cOS Broadband Platform with Breakthrough Intelligent Speed Maximizer

Retrieved on: 
月曜日, 4月 29, 2024

SAN JOSE, Calif., April 29, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the new Beacon intelligent speed maximizer (ISM) application integrated on the cOS™ virtualized broadband platform alongside its market-leading vCMTS and fiber applications. The Beacon ISM provides greater spectrum efficiency to maximize upstream and downstream speeds on a per-subscriber basis, enhancing quality of experience (QoE) and contributing to subscriber revenue growth and retention.

Key Points: 
  • New Beacon Application Maximizes Broadband Speeds, Improves Reliability, Enhances Quality of Experience and Lowers OPEX
    SAN JOSE, Calif., April 29, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the new Beacon intelligent speed maximizer (ISM) application integrated on the cOS™ virtualized broadband platform alongside its market-leading vCMTS and fiber applications.
  • The Beacon ISM is a breakthrough edge compute application on the cOS platform offering increased scalability, security and network reliability compared to traditional profile management applications (PMA) and enabling operators to gain maximum value from their DOCSIS 3.1 networks.
  • Leveraging the cOS platform's field-proven, horizontally scalable software architecture, Beacon takes cOS further with advanced artificial intelligence and machine learning technologies.
  • Further information about Harmonic's market-leading cOS broadband platform and versatile portfolio of network edge devices, visit www.harmonicinc.com/broadband .

Harmonic Announces First Quarter 2024 Results

Retrieved on: 
月曜日, 4月 29, 2024

SAN JOSE, Calif., April 29, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the first quarter of 2024.

Key Points: 
  • SAN JOSE, Calif., April 29, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the first quarter of 2024.
  • "Our first quarter results were within our guidance range and largely driven by our Broadband business," said Patrick Harshman, president and chief executive officer of Harmonic.
  • "Based on these results, our record backlog and deferred revenue, and our restructuring actions in Video to address market conditions and improve long-term growth and profitability, we are reaffirming our full year Broadband revenue guidance while increasing Video full year EBITDA guidance."
  • Broadband segment non-GAAP gross margin: 47.5% compared to 50.1% in the prior year period
    Video segment non-GAAP gross margin: 61.6% compared to 60.4% in the prior year period
    Operating income (loss): GAAP loss $9.5 million and non-GAAP income $1.2 million, compared to GAAP income $11.2 million and non-GAAP income $18.7 million in the prior year period
    Net income (loss): GAAP net loss $8.1 million and non-GAAP net income of $0.4 million, compared to GAAP net income $5.1 million and non-GAAP net income $14.3 million in the prior year period
    Net income (loss) per share: GAAP net loss per share of $0.07 and non-GAAP net income per share of $0.00, compared to GAAP net income per share of $0.04 and non-GAAP net income per share of $0.12 in the prior year period
    Commercially deployed our cOS™ solution with 113 customers, serving 28.6 million cable modems
    Millicom (NASDAQ: TIGO), through the TIGO® brand, successfully launched XGS-PON fiber-to-the-home (FTTH) with Harmonic's industry-leading cOS broadband platform

Harmonic Announces Reporting Date for First Quarter 2024 Results

Retrieved on: 
月曜日, 4月 15, 2024

SAN JOSE, Calif., April 15, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its first quarter 2024 financial results after the market close on Monday, April 29, 2024.

Key Points: 
  • SAN JOSE, Calif., April 15, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its first quarter 2024 financial results after the market close on Monday, April 29, 2024.
  • Harmonic will host a live webcast to discuss the Company's results at 2:00 p.m. PT on the same day.
  • The live webcast will be available via Harmonic's Investor Relations website at https://investor.harmonicinc.com/ .
  • For those unable to participate in the live event, a replay will be available on the same website after 5:00 p.m. PT.

Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShift

Retrieved on: 
金曜日, 4月 12, 2024

SAN JOSE, Calif., April 12, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company's VOS® Media Software is a validated cloud-native network function (CNF) on the Red Hat OpenShift. Media companies and service providers can now deploy any video streaming and broadcast workflows powered by VOS Media Software with the outstanding reliability, simplified operations, and added security capabilities offered by Red Hat OpenShift.

Key Points: 
  • SAN JOSE, Calif., April 12, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company's VOS® Media Software is a validated cloud-native network function (CNF) on the Red Hat OpenShift.
  • Media companies and service providers can now deploy any video streaming and broadcast workflows powered by VOS Media Software with the outstanding reliability, simplified operations, and added security capabilities offered by Red Hat OpenShift.
  • "As the industry's leading hybrid cloud application platform powered by Kubernetes, Red Hat OpenShift has been widely adopted by major companies for a large range of applications," said Mark Longwell, director, telco and edge alliances, Red Hat.
  • "With VOS Media Software validated on Red Hat OpenShift, media service providers benefit from combining cutting-edge video innovation with the best of information technology to achieve unparalleled performance and resiliency."

Filmocentro Enhances Playout Efficiency with Harmonic's Cloud Solutions

Retrieved on: 
木曜日, 4月 11, 2024

SAN JOSE, Calif., April 11, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced the successful implementation of its cloud-native VOS®360 Media SaaS for Chilean content provider Filmocentro, significantly optimizing playout and primary distribution operations. Partnering closely with Chilean telecommunications supplier Totaltel, Harmonic has enabled Filmocentro to achieve unparalleled efficiency, reliability and flexibility in its workflows.

Key Points: 
  • Partnering closely with Chilean telecommunications supplier Totaltel, Harmonic has enabled Filmocentro to achieve unparalleled efficiency, reliability and flexibility in its workflows.
  • "With Harmonic's VOS360 SaaS, we have streamlined our playout and distribution processes, unlocking greater efficiency and scalability," said Manuel Pardo, chief operating officer at Filmocentro.
  • "The transition from on-premises infrastructure to the cloud was seamless, thanks to Harmonic's video and cloud expertise and Totaltel's managed service implementation.
  • Harmonic's SaaS-based playout and distribution solution not only reduces maintenance costs for Filmocentro, but also future-proofs its operations.

Harmonic Introduces State-of-the-Art In-Stream Advertising for Live Sports Streaming

Retrieved on: 
水曜日, 4月 10, 2024

SAN JOSE, Calif., April 10, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a groundbreaking advancement in live sports streaming monetization with the introduction of in-stream advertising with new split-screen ad formats on its award-winning VOS®360 Ad SaaS. This innovative feature creates a new premium inventory for live sports streaming, enabling advertisers to reach viewers without disrupting the viewing experience while simultaneously empowering publishers to optimize monetization strategies for their sports content.

Key Points: 
  • SAN JOSE, Calif., April 10, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a groundbreaking advancement in live sports streaming monetization with the introduction of in-stream advertising with new split-screen ad formats on its award-winning VOS®360 Ad SaaS.
  • VOS360 Ad offers in-stream advertising through server-side insertion of new addressable ad formats such as double-box and dynamic L-bars.
  • This dynamic integration of split-screen inventory within live programming not only amplifies brand awareness but also maximizes monetization opportunities for live sports streaming.
  • Harmonic will showcase VOS360 Ad SaaS with new in-stream advertising capabilities at the 2024 NAB Show.