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.
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.
Harmonic (NASDAQ: HLIT) has announced major enhancements to its XOS Advanced Media Processor to improve video streaming and broadcast delivery. The upgrades include:
- New AI-powered automated closed captioning capabilities for enhanced efficiency and cost reduction
- Introduction of a new XOS appliance supporting both satellite and IP-based primary distribution
- Support for Brazil's DTV+ standard with advanced video codecs (VVC and LCEVC) and MPEG-H audio
The enhanced XOS media processor aims to streamline operations while reducing costs through feature consolidation in a single on-premises solution. The system now supports workflows ranging from small-channel-count cases to complex, high-channel-count systems, providing flexibility for service providers transitioning from satellite to IP-based delivery.
Harmonic (NASDAQ: HLIT) has unveiled new origin capabilities for video streaming, introducing a breakthrough solution that combines cloud and on-premises storage functionality. The innovation is available through their VOS® family and XOS Advanced Media Processor.
The hybrid approach leverages VOS360 Media SaaS and VOS Media Software to utilize cloud storage for less accessed content while maintaining on-premises storage for fresh video assets. The system automatically transfers older content, including nPVR assets, to cloud storage.
For broadcasters, Harmonic has integrated live and time-shift origin capabilities within the XOS Advanced Media Processor, enabling direct content streaming to CDNs using a single appliance. This streamlined solution reduces operational complexity and hardware costs while offering easy deployment for live and time-shift content.
Harmonic (NASDAQ: HLIT) announced that Weigel Broadcasting is implementing Harmonic's VOS® Media Software for streamlined video distribution. The cloud-native software solution provides comprehensive playout-to-delivery capabilities, including ATSC 1.0 centralcasting.
Key benefits of the implementation include:
- Scalable software-driven approach replacing traditional hardware infrastructure
- Simplified workflow for ingest, centralcasting, playout, branding, encoding, and distribution
- Cost-efficient station expansion through compute power scaling
- Advanced features including delay-line, PSIP fetch, Nielsen watermarking, and AI captioning
The solution enables Weigel to monitor playlists and automate channel delivery via web interface, eliminating complex automation systems. The broadcaster can now efficiently expand its station lineup based on data center capacity while streamlining operations.
Harmonic (NASDAQ: HLIT) has announced that Astound Broadband, the sixth largest MSO in the U.S. with over one million subscribers, has chosen Harmonic's cOS™ virtualized broadband platform to modernize its network infrastructure. The partnership aims to enhance broadband connectivity and efficiency.
Astound will implement Harmonic's cOS platform in a distributed access architecture (DAA) with Pebble Remote PHY Device. The software-powered platform offers:
- Faster service deployment
- Unified platform for DOCSIS and future PON/FTTH deployments
- Reduced hardware requirements
- Power, space, and cost efficiencies
The implementation includes cOS Central for advanced analytics and automation, providing 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.
Harmonic (NASDAQ: HLIT) announced that its VOS360 Media SaaS and VOS360 Ad SaaS solutions are now qualified on Akamai Cloud. This qualification enhances deployment efficiency for playout, broadcast, and video streaming workflows. The collaboration includes VOS360 Media SaaS powering the upcoming Akamai Media Services Live 5, a comprehensive suite for live event broadcasting and linear streaming.
As part of the Akamai Qualified Compute Partner Program, this partnership offers content owners and broadcasters end-to-end video streaming solutions that accelerate market entry while reducing ownership costs. The VOS360 Media SaaS streamlines media processing and delivery for premium services, while VOS360 Ad SaaS handles personalized ad delivery. The solutions utilize Akamai's distributed edge and cloud platform to ensure quality viewing experiences.
Harmonic (NASDAQ: HLIT) reported record Q4 2024 results with total revenue of $222.2 million, up 33% year over year. The company achieved record quarterly Adjusted EBITDA of $71.8 million. Broadband segment revenue reached $171.0 million, while Video segment revenue was $51.1 million.
The company announced a new $200 million share repurchase program through February 2028, doubling its previous program. Q4 GAAP net income was $38.1 million ($0.32 per share), and non-GAAP net income was $52.4 million ($0.45 per share). The company's cash position strengthened to $101.5 million.
For 2025 guidance, Harmonic expects total revenue between $585-645 million, with GAAP net income per share of $0.19-$0.45. Management noted that 2025 Broadband revenue guidance reflects temporary shifts in customer deployment timing during the transition to Unified DOCSIS 4.0, with growth expected to resume in 2026.
Harmonic (NASDAQ: HLIT) has announced it will release its fourth quarter and full year 2024 financial results after market close on Monday, February 10, 2025. The company will host a live webcast to discuss the results at 2:00 p.m. PT on the same day.
Participants can join via telephone by registering in advance through the provided link. Upon registration, they will receive dial-in details and a unique registrant ID. The webcast will be accessible through Harmonic's Investor Relations website, with participants advised to join 15 minutes before the call. A replay will be available on the website after 5:00 p.m. PT.
Two Wheels Motor Racing (TWMR) in Malaysia has partnered with Harmonic (NASDAQ: HLIT) to streamline its live sports distribution across Asia. The company is implementing Harmonic's VOS®360 Media SaaS, ViBE CP9000 contribution encoder, and ProView 8100 IRD to deliver high-quality video streams to affiliates over the internet.
The migration from satellite to internet-based distribution has resulted in reduced dependency on satellites and lower delivery costs. Harmonic's solution provides reliable live sports delivery through a state-of-the-art routing system, offering ultra-low latency and pristine video quality for large-scale events.