Harmonic Inc Stock Price, News & Analysis

MediaKind announced an agreement to acquire the Video Business of Harmonic (NASDAQ: HLIT) for approximately $145 million, with closing expected in the first half of 2026 following a French employee works council consultation and customary regulatory approvals.

The combined company is projected to generate more than $100 million in annual recurring revenue and over $150 million in annual appliance revenue, creating an independent streaming‑infrastructure platform focused on cloud and appliance solutions and accelerated R&D.

Harmonic (NASDAQ: HLIT) has received a binding offer from MediaKind to acquire its Video Business for approximately $145 million in cash. The transaction is expected to close in the first half of 2026 and is subject to a French employee works council consultation, customary closing conditions and regulatory approvals. Harmonic says the sale would sharpen focus on its virtualized Broadband business, provide a capital infusion to bolster the balance sheet, and the company is reaffirming its Q4 2025 financial guidance. A conference call and webcast are scheduled for December 8, 2025 at 8:00 a.m. ET.

Harmonic (NASDAQ: HLIT) and Normann Engineering announced a milestone of 20 broadband deployments across Europe on Dec 3, 2025, using Harmonic's cOS virtualized broadband platform and network devices.

The collaboration targets accelerated DOCSIS and fiber rollouts, reduced hardware and power needs, and aims to shorten time-to-market for operators while supporting sustainability goals. Harmonic's cOS powers nearly 38 million CPE devices globally and the company is cited as a market share leader by Dell'Oro Group.

Harmonic (NASDAQ: HLIT) announced that Telia Norway is modernizing its broadband network with Harmonic's virtualized cOS broadband platform and migrating to DOCSIS 3.1 to improve speeds, reliability and customer experience.

Telia will replace end-of-life broadband routers, deploy cOS in a DAA with third-party Remote-PHY node interoperability, and use cOS Central and Beacon ISM for automation, analytics, spectrum efficiency and fewer truck rolls. Harmonic will provide deployment services and training. Harmonic says its cOS powers nearly 38 million CPE devices worldwide and cites Dell'Oro Group market leadership.

Harmonic (NASDAQ: HLIT) said its CEO Nimrod Ben-Natan and CFO Walter Jankovic will participate in fireside chats and host investor meetings at two December 2025 conferences.

They will appear at the Raymond James 2025 TMT and Consumer Conference in New York on Dec 8, 2025 at 5:40 a.m. PT / 8:40 a.m. ET, and Mr. Jankovic will appear at the Barclays 2025 Global Technology Conference in San Francisco on Dec 10, 2025 at 2:30 p.m. PT / 5:30 p.m. ET. Live audio webcasts will be available on the company investor website and archived for 30 days.

Harmonic (NASDAQ: HLIT) announced that Walter Jankovic, chief financial officer, will host investor meetings at the 6th Annual Needham Tech Week Conference in New York on Thursday, November 20, 2025. Investors seeking meetings are instructed to contact their Needham representative for scheduling and details.

Harmonic (NASDAQ: HLIT) reported Q3 2025 results with net revenue $142.4M, down from $195.8M year‑ago, and GAAP net income of $2.7M (GAAP EPS $0.02). Non‑GAAP results showed adjusted EBITDA $21.9M and non‑GAAP net income $14.1M (EPS $0.12).

Broadband revenue was $90.5M and Video revenue $51.9M. Cash rose to $127.4M from $58.2M a year earlier. Backlog and deferred revenue totaled $494.5M. Company repurchased ~1.8M shares for $15.7M and recorded record Video SaaS revenue $16.1M. Q4 2025 guidance: GAAP revenue $133M–$147M and non‑GAAP diluted EPS $0.06–$0.12.

Harmonic (NASDAQ: HLIT) announced on Nov 3, 2025 an expanded partnership with Spectrum to extend Harmonic's cOS vCMTS, network tools and deployment of DOCSIS 4.0 Unified Pebble-2 RPDs across Spectrum's entire service area. The deal aims to enable symmetrical and multi-gigabit services, lower latency for gaming and conferencing, and improved telemetry via open APIs for real-time network visibility.

Highlights

• Support for DOCSIS 4.0 services and future spectrum expansion
• Advanced noise mitigation and telemetry streaming
• cOS already powers over 38 million CPE devices worldwide

Harmonic (NASDAQ: HLIT) announced that New England Sports Network (NESN) selected Harmonic as its enterprise technology partner, deployed via Astound Business Solutions, to modernize primary distribution for live sports on Oct. 15, 2025.

Key points: the solution will deliver pristine video to 4 million homes, uses XOS Advanced Media Processor with AI-driven EyeQ for up to 50% bitrate savings, supports up to 4K HDR, enables edge ad insertion via XOS Edge IRDs, and launched in two months. DMS X and ProStream X provide centralized management and SRT-based delivery.