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Harmonic, Inc. - HLIT STOCK NEWS

Welcome to our dedicated news page for Harmonic (Ticker: HLIT), a resource for investors and traders seeking the latest updates and insights on Harmonic.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Harmonic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Harmonic's position in the market.

Rhea-AI Summary
Harmonic (HLIT) plans to release its first quarter 2024 financial results on April 29, 2024, followed by a live webcast to discuss the results. Participants can join via telephone or webcast, with a replay available afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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Rhea-AI Summary
Harmonic (HLIT) collaborates with Red Hat OpenShift to enhance reliability and security for VOS Media Software deployments in data centers, providing cost-efficient video streaming and broadcast solutions with substantial savings for service providers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.21%
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none
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Rhea-AI Summary
Harmonic (HLIT) successfully implements VOS360 Media SaaS for Filmocentro, enhancing efficiency and reliability. The partnership with Totaltel streamlines playout and distribution processes, showcasing innovation and scalability in the digital media realm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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none
Rhea-AI Summary
Harmonic (HLIT) introduces in-stream advertising features on VOS®360 Ad SaaS, revolutionizing live sports streaming monetization. The new split-screen ad formats offer premium inventory, enhancing viewer engagement and optimizing monetization strategies for publishers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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none
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Rhea-AI Summary
Harmonic (HLIT) to host conference call to discuss recent company announcements on April 11, 2024. Registration details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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none
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News
Rhea-AI Summary
Harmonic (NASDAQ: HLIT) announces Patrick Harshman's retirement as President & CEO, with Nimrod Ben-Natan succeeding him effective June 11, 2024. The company concludes its Video Business Strategic Review Process and updates its Q1 2024 Revenue Guidance. Ben-Natan, a key figure in Harmonic's broadband business, is set to lead the company's future growth and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.61%
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none
Rhea-AI Summary
Harmonic (HLIT) is showcasing AI-powered innovations at the 2024 NAB Show, revolutionizing video streaming and broadcast delivery. They are introducing cutting-edge solutions for live sports streaming, targeted advertising, production, and broadcast distribution, aiming to enhance monetization and viewer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
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Rhea-AI Summary
Harmonic showcases versatile fiber solutions at FTTH Conference in Berlin, aiming to enhance broadband service delivery and network evolution. The company presents innovative technologies like PON migrations, Open ONU, MDU solutions, always-on broadband service, and virtualized core advantages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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Rhea-AI Summary
Harmonic (HLIT) partners with Millicom (TIGO) to launch XGS-PON fiber-to-the-home broadband, enhancing high-speed internet offerings in Latin America. Millicom leverages Harmonic's cOS platform and hybrid fiber-cable nodes for faster, reliable broadband services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
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none
Rhea-AI Summary
Harmonic Inc. (HLIT) reported a record total revenue of $167.1 million, marking a 31% increase quarter over quarter. Broadband revenue increased by 20% and Video SaaS revenue increased by 26% year over year. The company's financial and business highlights, including revenue, gross margin, operating income, net income, and adjusted EBITDA, were presented in detail. Harmonic also provided an update on its Video business review process and gave financial guidance for Q1 2024 and the full year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
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Harmonic, Inc.

Nasdaq:HLIT

HLIT Rankings

HLIT Stock Data

1.18B
100.33M
2.7%
110.97%
7.47%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
US
San Jose

About HLIT

harmonic (nasdaq: hlit), the worldwide leader in video delivery technology and services, enables media companies and service providers to deliver ultra-high-quality broadcast and ott video services to consumers globally. the company has also revolutionized cable access networking via the industry’s first virtualized ccap solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers’ homes and mobile devices. whether simplifying ott video delivery via innovative cloud and software-as-a-service (saas) technologies or powering the delivery of gigabit internet cable services, harmonic is changing the way media companies and service providers monetize live and vod content on every screen. more information is available at www.harmonicinc.com.