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. (NASDAQ: HLIT) features regularly in news related to virtualized broadband, video delivery technology and strategic developments in its Broadband and Video businesses. Company press releases highlight its role in enabling media companies and service providers to deliver ultra-high-quality video streaming and broadcast services, as well as gigabit internet connectivity through virtualized broadband solutions.
News coverage for HLIT often includes updates on broadband network modernization projects using Harmonic’s cOS virtualized broadband platform, collaborations with telecom and cable operators, and deployments with engineering partners that support next-generation DOCSIS and fiber-based broadband services. Articles also describe how operators use Harmonic’s software-based platforms to improve reliability, increase speeds and enhance subscriber quality of experience.
On the video side, Harmonic news includes announcements about broadcasters and sports networks adopting its video processing and primary distribution solutions, such as the XOS Advanced Media Processor and related systems. These stories discuss how customers use Harmonic technology to manage streaming workflows, optimize video quality and support monetization of live and on-demand content.
Recent items also cover corporate and strategic developments, including quarterly financial results furnished via Form 8-K and the announced pending sale of Harmonic’s Video Business segment to MediaKind, which is expected to sharpen the company’s focus on its Broadband segment if completed. For investors and industry followers, the HLIT news page provides an organized view of these announcements, making it easier to track how Harmonic’s broadband and video activities evolve over time. Users interested in broadband infrastructure, streaming technology and segment-level performance can consult this feed for company-issued updates and disclosures.
Viaccess-Orca and Harmonic have announced a strategic partnership to enhance content protection for live sports streaming by integrating VO's dynamic watermarking technology with Harmonic's VOS360 cloud SaaS platform. This collaboration aims to empower content owners to swiftly identify piracy sources and mitigate content restreaming. The technology allows for real-time detection, enabling operators to pinpoint piracy within minutes. The integration will be showcased at IBC2022 from Sept. 9-12.
Harmonic (NASDAQ: HLIT) will host a Virtual Analyst Day on September 15, 2022, at 9:30 AM PT to discuss its Video and Cable Access business segments. The event will include presentations from the executive team, highlighting strategic visions, growth drivers, and investment initiatives, followed by a Q&A session. A live video webcast will be available on the company's website, with an archived version accessible for 90 days post-event.
Harmonic (NASDAQ: HLIT) announced its VOS®360 SaaS platform is now available on Google Cloud, enhancing offerings for media and entertainment businesses. This partnership promises improved agility, resiliency, security, and scalability, essential for delivering superior video streaming experiences. The VOS360 platform simplifies media processing and supports the creation and delivery of content, enabling operators to effectively manage content with real-time control. The announcement was made on August 30, 2022, and Harmonic will showcase its innovations at IBC2022.
Harmonic (NASDAQ: HLIT) and NAGRA have launched a new watermarking-as-a-service solution to enhance content protection for live sports streaming. This integration of NAGRA NexGuard forensic watermarking with Harmonic’s VOS®360 cloud SaaS platform aims to combat rising piracy rates during live events. The solution provides an automated, scalable, and event-based approach to safeguard premium content, enabling content owners to identify leaks effectively. Harmonic's platform is recognized for delivering high-quality video at scale, supporting numerous live events monthly.
Harmonic, a leader in video delivery solutions, announced its participation at IBC2022 to showcase new cloud-native innovations aimed at enhancing media and entertainment services. Key features include the VOS®360 SaaS platform for live sports streaming and targeted advertising, along with advanced broadcast efficiencies. The company is collaborating with industry giants like Microsoft Azure and AWS for cloud support, and plans to demonstrate applications that optimize revenue streams through advanced target advertising. Upcoming sessions will also address technical innovations in video coding.
Harmonic Inc. (NASDAQ: HLIT) reported a record revenue of $157.4 million for Q2 2022, marking a 39% year-over-year increase. The Cable Access segment grew by 62% to $81.2 million, and Video SaaS revenue surged 69% to $76.2 million. The company achieved adjusted EBITDA of $24.3 million, up from $9.5 million a year prior. Despite strong growth, gross margins slightly declined. Harmonic's backlog and deferred revenue approached record levels, indicating solid demand as they progress into the second half of 2022.
Harmonic (NASDAQ: HLIT) has announced that HISPASAT Peru is utilizing its cloud-native VOS platform to enhance streaming and direct-to-home (DTH) broadcast services. This technology allows for quick channel launches and reliable service delivery. The partnership empowers various content providers to deliver high-quality entertainment without additional infrastructure costs. The VOS solution integrates seamlessly with NAGRA OpenTV for enhanced user experience and supports over 20 statmux pools for efficient satellite broadcasts.
Harmonic Inc. (NASDAQ: HLIT) will release its second quarter 2022 financial results on August 1, 2022, after market close. A live webcast is scheduled for 2:00 p.m. PT on the same day to discuss the results. Investors can join the call via telephone by registering in advance. The webcast can also be accessed on Harmonic's Investor Relations website. A replay will be available after 5:00 p.m. PT. Harmonic leads in virtualized cable access and video delivery solutions, providing high-quality streaming and broadcast services globally.
Harmonic (NASDAQ: HLIT) has launched an upgrade kit for Cisco's GS7000 node, transforming it into a distributed access architecture (DAA) node compatible with next-gen broadband solutions. The Pebble DAA device features a compact design that reduces operational costs and supports multiple access architectures, enhancing business agility for operators. This upgrade allows for quick field implementation without replacing the node. Additionally, the kit aims to facilitate a transition from legacy systems to modern solutions, fulfilling increased broadband demands globally.
Harmonic (NASDAQ: HLIT) announced that Patrick Harshman, CEO, will participate in a fireside chat at the Jefferies Software Conference on June 2, 2022, at 8:30 a.m. PT in San Francisco. A live video webcast will be available on Harmonic's investor relations website, with an archived version accessible for 90 days post-event. Harmonic is a leader in virtualized cable access and video delivery solutions, focusing on ultra-high-quality video streaming and gigabit internet services.