Harmonic (HLIT) Stock News

Harmonic (NASDAQ: HLIT) announced that Globoplay, Brazil's largest video streaming platform, is using Harmonic's VOS®360 Media SaaS technology for streaming the 2025 Campeonato Brasileiro Série A football championship. The partnership enables low-latency live streaming of over 300 matches across 38 rounds with high video quality and near-real-time viewing experiences.

The implementation involves running Harmonic's solution in a public cloud region near Globo's operations, with collaborative efforts focusing on video system adjustments, CDN optimization, and player compatibility. The deployment aims to transform football streaming experiences for Brazilian fans while setting new standards for premium sports content delivery.

Harmonic (NASDAQ: HLIT) reported strong Q2 2025 results, exceeding guidance for both Broadband and Video segments. The company achieved total revenue of $138.0 million, with Broadband revenue at $86.9 million and Video revenue at $51.1 million. Notable highlights include GAAP net income of $2.9 million ($0.03 per share) and Non-GAAP net income of $10.3 million ($0.09 per share).

The company demonstrated solid operational performance with GAAP gross margin of 53.5% and record Video SaaS revenue of $15.4 million. Harmonic's cash position strengthened to $123.9 million, up from $45.9 million year-over-year. The company repurchased 1.6 million shares for $14.0 million and expanded its cOS™ solution deployment to 136 customers serving 35.3 million cable modems.

Civitas Capital Group has appointed Mine Ekim as Managing Director, Legal & Head of Investor Experience. With over 15 years of international legal and compliance expertise, Ekim will lead the firm's legal and regulatory strategy while enhancing investor engagement.

Previously associated with notable organizations including Dow Jones & Company, Harmonic (NASDAQ: HLIT), Shell, and law firms like White & Case and SNR Denton, Ekim brings extensive experience across finance, real estate, energy, infrastructure, and technology sectors. She most recently served as Managing Director, Legal & Compliance at a San Francisco-based real estate investment firm.

Ekim serves on the Public Policy Committee of Invest in the USA (IIUSA) and was recognized as one of the "50 Women to Watch" by Corporate Counsel Business Journal in 2023.

Harmonic (NASDAQ: HLIT) has announced plans to showcase innovative video streaming and broadcast delivery solutions at IBC2025 in Amsterdam. The company will demonstrate breakthrough technologies including hybrid cloud streaming solutions, AI-driven workflows, and advanced ad insertion capabilities.

Key highlights include enhanced UHD channel density for the Software Spectrum X media server, improved bandwidth efficiency for 5G applications using VVC codec, and AI-powered features for live sports streaming such as automated highlight creation and translation services. The company is also introducing new monetization tools including programmatic ad buying for linear TV and AI-driven ad insertion capabilities.

Harmonic has established strategic partnerships with industry leaders including Hexaglobe, VisualOn, ViewLift CMS, and Enghouse Networks to enhance their service offerings.

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

Participants can join via telephone by pre-registering through the provided link, or access the webcast through Harmonic's Investor Relations website. A replay will be available on the website after 5:00 p.m. PT. The company recommends participants join at least 15 minutes before the call starts.

Harmonic (NASDAQ: HLIT) has achieved a significant technical milestone at the CableLabs® Interop event by demonstrating 14 Gbps downstream throughput using its cOS™ virtualized broadband platform and Pebble-2 DOCSIS 4.0 Remote PHY Device (RPD). This performance exceeds the 10 Gbps DOCSIS 4.0 benchmark target.

The company's cOS platform stands out as the industry's first solution to unify both Full Duplex (FDX) and Frequency Division Duplex (FDD) modes of DOCSIS 4.0 technology. According to Dell'Oro Group, Harmonic leads the market in cable broadband equipment, virtual CMTS, and DAA, with its platform powering services through over 33 million customer premises equipment devices globally.

Harmonic (NASDAQ: HLIT) announced that Mediacom Communications, the fifth-largest U.S. cable operator, has selected Harmonic's cOS virtualized broadband platform for network modernization. The deployment features Harmonic's Unified DOCSIS 4.0 solution, enabling Mediacom to offer multigigabit and symmetrical speeds with enhanced subscriber experience. The partnership involves implementing distributed access architecture (DAA) with Harmonic's Ripple modular DAA nodes, making Mediacom one of the first North American operators to launch DOCSIS 4.0 services. Harmonic's solution includes an innovative PTP-less virtualized core, simplifying deployments and accelerating service rollouts. The company currently leads the market in cable broadband equipment, virtual CMTS, and DAA, with its cOS platform powering services through over 33 million CPE devices worldwide.

Harmonic (NASDAQ: HLIT) has announced a strategic collaboration with CUJO AI to integrate network intelligence software into Harmonic's cOS virtualized broadband platform. The integration enables exceptional broadband experiences for latency-sensitive applications like gaming and video conferencing. The solution combines Low Latency, Low Loss, Scalable throughput (L4S) capabilities with CUJO AI's network intelligence software on BoostD 3.1 modems, allowing real-time detection and prioritization of latency-sensitive applications. Operators can activate these capabilities through a simple software upgrade on existing DOCSIS and fiber networks, eliminating major infrastructure investments. Harmonic's cOS platform currently powers next-gen broadband services through over 33 million CPE devices worldwide.

Harmonic (HLIT) announced that Vectra, a major Polish internet provider, has chosen its cOS virtualized broadband platform for network transformation. The deployment marks the world's first PTP-less implementation for distributed access architecture, offering enhanced reliability and cost efficiency. Vectra will deploy Harmonic's cOS platform with Reef Remote PHY Shelves, Oyster DAA nodes, and remote OLT devices, enabling selective DOCSIS-to-PON migration and wholesale services. The partnership allows Vectra to eliminate traditional timing network complexities, accelerate service deployment, and create new revenue streams through wholesale fiber and DOCSIS offerings. Harmonic, the market leader in cable broadband equipment with over 33 million CPE devices worldwide, will showcase its cOS platform at ANGA COM in Cologne.