Harmonic Inc Stock Price, News & Analysis

Harmonic (NASDAQ: HLIT) announced an expanded partnership with Cignal TV, a leading Philippine pay-TV provider, to modernize their channel origination, playout, and disaster recovery workflows using VOS360 Media SaaS. The cloud-native solution enables Cignal TV to launch streaming services in hours instead of days, streamline video operations, and reduce infrastructure costs.

The VOS360 platform supports linear TV channels and broadcast services delivery, featuring remote cloud-based disaster recovery capabilities through secure SRT connection. The solution ensures service continuity and was deployed in collaboration with Composite Technology.

Harmonic (HLIT) has announced a strategic partnership with Evolution Digital to enhance its Open ONU initiative for fiber broadband deployments. The collaboration enables interoperability between Harmonic's cOS™ virtualized broadband platform and Evolution Digital's EVO1111XG XGS-PON bridge and EVO6022GP3 Wi-Fi 6 GPON gateway. This partnership supports Harmonic's mission to create an open, flexible fiber broadband ecosystem that eliminates vendor lock-in and reduces deployment costs.

The company's cOS platform currently serves over 33 million homes worldwide and allows operators to support ONU devices from any vendor. This expanded interoperability enables broadband providers to select CPE based on their specific performance, cost, and deployment requirements, ultimately accelerating fiber service rollouts while lowering capital expenditures.

Harmonic (NASDAQ: HLIT) has announced its participation in two upcoming virtual investor conferences. The company's President and CEO Nimrod Ben-Natan, along with CFO Walter Jankovic, will host virtual investor meetings at the 20th Annual Needham Virtual Technology, Media & Consumer Conference on May 12, 2025, and the Rosenblatt 5th Annual Virtual Technology Summit on June 10, 2025. Interested parties should contact their Needham or Rosenblatt representatives for more information.

Flamingo TV Bonaire has partnered with Harmonic to modernize its broadband infrastructure using the cOS virtualized broadband platform. The Caribbean internet service provider is implementing Harmonic's technology to deliver faster internet speeds and improve subscriber experience through a distributed access architecture.

The deployment includes Harmonic's cOS platform as virtualized core software, alongside Pebble Remote PHY Device and Ripple modular DAA node. This solution provides a single platform supporting both DOCSIS 3.1 and future PON capabilities, while reducing hardware and offering power and space savings.

The implementation features cOS Central for network analytics, enabling real-time visibility and proactive issue resolution. Harmonic's cOS platform currently serves over 33 million homes worldwide across North America, Europe, Latin America, and Asia, positioning Flamingo TV as a broadband innovator in the Caribbean region.

Harmonic (NASDAQ: HLIT) reported strong Q1 2025 financial results, with total revenue reaching $133.1 million, up from $122.1 million year-over-year. The company's performance exceeded expectations across both business segments:

• Broadband segment revenue: $84.9 million with 55.5% Non-GAAP gross margin
• Video segment revenue: $48.3 million with 66.4% Non-GAAP gross margin

Key achievements include:

• GAAP net income of $5.9 million ($0.05 per share)
• Non-GAAP net income of $13.4 million ($0.11 per share)
• Strong cash position of $148.7 million
• Deployed cOS solution to 129 customers, serving 33.9 million cable modems
• Won seven new broadband customers, including two US Tier 1s

For Q2 2025, Harmonic expects revenue between $120-135 million, with GAAP gross margins of 50.8-51.9%. The company repurchased 3.5 million shares for $36.1 million during Q1.

Harmonic (NASDAQ: HLIT) has scheduled the release of its first quarter 2025 financial results for Monday, April 28, 2025, after market close. The company will host a live webcast and conference call to discuss the results at 2:00 p.m. PT on the same day.

Participants can join via telephone by pre-registering through the provided link, after which they will receive dial-in details and a unique registrant ID. The webcast will be accessible through Harmonic's Investor Relations website. The company recommends participants join 15 minutes before the call starts. A replay will be available on the website after 5:00 p.m. PT.

Harmonic (NASDAQ: HLIT) has unveiled groundbreaking innovations to its playout-to-delivery solution, offering broadcasters and content owners enhanced media workflow capabilities. The solution combines advanced playout, branding, encoding, and streaming features with new loop record and delay line functionalities.

The system is available through VOS®360 Media SaaS for cloud deployments and VOS Media Software and XOS Advanced Media Processor for on-premises implementations. Key innovations include simultaneous recording and replay of live streams, built-in clip editing capabilities, and adjustable delay playback for time zone shifting.

The solution enables true hybrid playout by sharing automation, user interface, playlists, assets, and advanced graphics across all deployment models. These features can be managed via API and integrated with third-party automation systems, streamlining operations for broadcasters in an increasingly complex video landscape.

Harmonic (NASDAQ: HLIT) has announced significant enhancements to its VOS360 SaaS solutions, focusing on AI innovations and cloud capabilities. The company has introduced AI-powered features including automatic ad break detection, SCTE-35 marker insertion, and enhanced monetization tools for live content.

As part of the Akamai Qualified Compute Partner Program, VOS360 solutions now integrate with Akamai's compute infrastructure, CDN, and security capabilities. New features include AI-driven capabilities such as automated subtitles through speech-to-text, sports clipping for real-time highlights, and automated translation with voice cloning in multiple languages.

The collaboration with Akamai Connected Cloud enables efficient cloud nPVR capabilities and cost-effective primary distribution solutions. These innovations will be showcased at the 2025 NAB Show, demonstrating Harmonic's hybrid approach to streaming that combines cloud and on-premises solutions to reduce total cost of ownership for service providers.