Harmonic Inc Stock Price, News & Analysis

This is a correction to a previously issued press release regarding Harmonic Inc. (NASDAQ: HLIT)'s participation in upcoming investor conferences. The company corrected the date of the Rosenblatt 5th Annual Virtual Technology Summit from Tuesday, June 10, 2025, to Wednesday, June 11, 2025. Harmonic's President and CEO Nimrod Ben-Natan and CFO Walter Jankovic will host virtual investor meetings at two conferences: the 20th Annual Needham Virtual Technology, Media & Consumer Conference on Monday, May 12, 2025, and the Rosenblatt 5th Annual Virtual Technology Summit on the corrected date.

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.

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.