Welcome to our dedicated page for Harmonic news (Ticker: HLIT), a resource for investors and traders seeking the latest updates and insights on Harmonic stock.
Harmonic Inc. reports developments in broadband access and video delivery technology for service providers, media companies, broadcasters and streamers. Its updates commonly cover virtualized broadband networking, fiber deployment tools, AI-powered network operations intelligence, remote OLT infrastructure, and the cOS platform used by broadband operators.
Harmonic news also includes video workflow software and media processing products such as VOS Media Software, XOS Advanced Media Processor, hybrid streaming solutions, and AI orchestration for live video workflows. Recurring company announcements address customer deployments, product introductions, industry conference participation, earnings releases, and investor presentations.
Harmonic (NASDAQ: HLIT) has been selected by Germany-based 44p for enhancing its UHD playout, media processing, and distribution capabilities using Harmonic's XOS Advanced Media Processor. This cloud-native software solution offers a comprehensive feature set including advanced playout, AI-powered video compression, and SRT distribution, optimizing 44p's workflow for live sports and entertainment broadcasts. Facilitated by German broadcast system integrator netorium, the deployment aims to future-proof 44p's media processing chain. Harmonic's solution is expected to improve efficiency and video quality while reducing costs for 44p.
Harmonic has launched the Pearl Remote Optical Line Termination (R-OLT) module to simplify fiber broadband service delivery. The innovative product enables operators to accelerate high-speed broadband deployment in various network topologies while reducing costs. With multiple fiber technologies, including GPON, ComboPON, and XGS-PON, the Pearl R-OLT offers industry-leading performance.
Harmonic (NASDAQ: HLIT) will host a Virtual Analyst Day for its Broadband and Video segments, featuring updates on strategic vision, growth drivers, and financial model. The event on June 13, 2024, aims to provide insight into Harmonic's future direction.
Harmonic announced its latest broadband access innovations for fiber and DOCSIS networks at ANGA COM in Germany. The company aims to empower operators with increased speeds, enhanced network reliability, and new revenue opportunities, showcasing solutions for multigigabit internet speeds and improved subscriber retention. Harmonic's cOS platform and new devices promise to boost speeds, simplify network evolutions, and ensure future readiness.
Harmonic announced that Walter Jankovic, CFO, will participate in the 19th Annual Needham Technology, Media & Consumer Conference and the Jefferies Software Conference. The CFO will engage in a fireside chat in New York on May 14, 2024, and host meetings throughout the day. Additionally, he will host investor meetings in Newport Coast, CA, on May 30, 3024. A live webcast will be available on Harmonic's website.
Harmonic announced the integration of the Beacon intelligent speed maximizer (ISM) application on the cOS virtualized broadband platform, enhancing spectrum efficiency and maximizing broadband speeds for subscribers. The Beacon ISM improves quality of experience, reduces operating expenses, and increases network reliability, offering scalability and security benefits compared to traditional profile management applications. This breakthrough technology aims to empower operators to deliver faster and more reliable services to subscribers while simplifying deployment and addressing network impairments in real-time.
Harmonic Inc. announced its Q1 2024 results, meeting guidance. Revenue at $122.1M with Broadband leading. Record backlog & deferred revenue. Video EBITDA guidance raised. Financials showed a dip from previous year in revenue, net income, and gross margin. Operating loss but increased backlog and customer base. Focus on restructuring Video segment for growth.
Summary not available.
Summary not available.
Summary not available.