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Harmonic Inc - HLIT STOCK NEWS

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) is a global leader in video delivery technology and services, enabling media companies and service providers to offer high-quality broadcast and OTT video services worldwide. The company has also pioneered cable access networking with the industry’s first virtualized CCAP solution, allowing cable operators to deploy gigabit internet services to homes and mobile devices more flexibly.

Harmonic operates in two primary segments: Video and Broadband. The Video segment provides video processing, production, and playout solutions to a range of clients including cable operators, satellite providers, and telecommunications companies. The Broadband segment focuses on broadband access solutions and related services, with most of the company's revenue coming from the United States.

Recent achievements include showcasing AI-powered innovations at the 2024 NAB Show, emphasizing live sports streaming, targeted advertising, and broadcast distribution. Harmonic's VOS®360 portfolio, XOS media processor, and Spectrum™ X media server are leading the charge in enabling broadcasters and service providers to unlock new monetization opportunities and improve streaming experiences.

In corporate developments, Patrick Harshman announced his retirement as CEO effective June 2024, with Nimrod Ben-Natan set to succeed him. Ben-Natan has been instrumental in the development and deployment of the Company’s virtualized broadband technology. Harmonic's strategic direction includes a focus on profitable growth for its Video business and innovative advancements in broadband services, as demonstrated by its new Beacon intelligent speed maximizer application.

Harmonic continues to drive innovation in broadband and video delivery solutions, featuring its market-leading cOS™ platform, which supports over 28 million homes globally. The company aims to enhance user experience and optimize monetization strategies for live and on-demand content on every screen.

News

ATX Introduces the DOCSIS 4.0-Capable Successor to Cisco GS7000 Node Platform

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ATX Networks introduces GigaXtend GS7 1.8GHz Node at SCTE Cable-Tec Expo 2023, providing a seamless upgrade path for existing GS7000s and supporting third-party DAA and PON modules. The platform enables MSOs to upgrade nodes through module swap-outs and retains technician-friendly features. ATX is working with Harmonic and Vecima to ensure compatibility with their DAA modules. The GigaXtend GS7 extends the lifespan of GS7000, allowing MSOs to deliver multigigabit symmetrical services with minimal disruption. ATX offers an end-to-end 1.8GHz-capable outside plant portfolio. The GigaXtend G7S amplification technology leverages the design work completed for the GigaXtend 1.8GHz amplifier family. ATX provides the ATX GigaXtend Orchestrator for simplified set-up and configuration.
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KBRO Future-Proofs Broadband Network with Harmonic

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KBRO selects Harmonic's CableOS Broadband Platform to future-proof its network, enabling high-speed broadband services with improved reliability and real-time analytics.
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Harmonic Brings Innovative Playout Capabilities to its Market-Leading XOS Advanced Media Processor

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Harmonic announces expanded XOS Advanced Media Processor with advanced playout capabilities, reducing costs and improving efficiency for video streaming and broadcast customers.
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Harmonic Introduces Breakthrough New Software Spectrum X Media Server

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Harmonic introduces Software Spectrum X, a software-only media server with outstanding broadcast quality and reliability. It supports up to four video channels in 1RU and offers a wide range of video codecs and resolutions. The software integrates seamlessly with any Spectrum system and is compatible with Harmonic's MediaGrid shared storage system. It provides unparalleled flexibility for media ingest, production, and playout applications.
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Harmonic Brings Cutting-Edge AI Innovations to IBC2023

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Harmonic showcases new AI-powered video streaming innovations with Microsoft, Leankr, Kebula, Mirriad, and Spideo at IBC2023. The breakthroughs promise to boost monetization, increase operational efficiencies, and improve quality of experience while reducing costs.
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Harmonic Unveils Major Operational and Performance Enhancements for VOS Media Software

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Harmonic's cloud-native VOS Media Software offers up to 40% improved origin performance for video streaming, providing substantial cost savings for telco and cable operators. It also offers seamless integration with off-the-shelf storage solutions and comprehensive broadcast features. The software simplifies media processing and delivery for premium video streaming and broadcast services, providing agility, resiliency, security, and scalability.
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Harmonic Enables Best-of-Breed Ad Tech with Google and Equativ

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Harmonic expands targeted advertising ecosystem through partnerships with Google Ad Manager and Equativ, enhancing video streaming monetization. Integration with Google Ad Manager allows for scalable access to monetization suite, resulting in higher quality advertising and viewing experience.
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ViewLift Streams Motorsport Event at Scale with Harmonic

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Harmonic's VOS360 Media SaaS platform is being used by digital content distribution platform ViewLift for streaming video. The platform offers scalability, low latency, and targeted ad delivery, ensuring an outstanding viewing experience. ViewLift recently utilized VOS360 SaaS to stream the MotoAmerica Superbikes event with exceptional video quality. Harmonic's VOS360 Media SaaS simplifies media processing and delivery for live sports streaming, providing full control over the streaming workflow and enabling greater operational efficiency.
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Harmonic's Streaming and Broadcast Leadership on Full Display at IBC2023

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Harmonic (NASDAQ: HLIT) Elevates Video Streaming with State-of-the-Art Monetization and AI Capabilities at IBC2023
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WRC Promoter Expands Live Sports Streaming Service with Harmonic

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Harmonic's VOS360 Media SaaS has been deployed by WRC Promoter GmbH for playout and streaming of live sports events. The VOS360 SaaS offers reliability, scalability, and security, enabling WRC Promoter to provide fans with an outstanding viewing experience. With the VOS360 SaaS, WRC Promoter successfully launched Rally.TV and consolidated multiple apps into a single platform. The solution is deployed in a geo-redundant configuration, assuring high service availability. Harmonic will showcase its streaming and broadcast delivery innovations at IBC2023.
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FAQ

What is the current stock price of Harmonic (HLIT)?

The current stock price of Harmonic (HLIT) is $13.45 as of December 27, 2024.

What is the market cap of Harmonic (HLIT)?

The market cap of Harmonic (HLIT) is approximately 1.6B.

What does Harmonic Inc do?

Harmonic Inc provides video delivery technology and services, enabling media companies and service providers to offer high-quality broadcast and OTT video services globally. The company also specializes in cable access networking solutions.

What are Harmonic Inc's primary business segments?

Harmonic Inc operates in two primary segments: Video, which offers video processing, production, and playout solutions, and Broadband, which focuses on broadband access solutions and related services.

What recent achievements has Harmonic Inc announced?

Harmonic Inc recently showcased AI-powered innovations for live sports streaming, targeted advertising, and broadcast distribution at the 2024 NAB Show.

Who is the new CEO of Harmonic Inc?

Nimrod Ben-Natan will succeed Patrick Harshman as CEO of Harmonic Inc, effective June 2024.

What is the VOS®360 portfolio?

The VOS®360 portfolio is a suite of solutions by Harmonic Inc that includes AI-powered tools for video service providers and broadcasters to enhance monetization and streaming experiences.

What is Harmonic Inc's Beacon intelligent speed maximizer?

The Beacon ISM is an advanced application on Harmonic's cOS™ platform that maximizes upstream and downstream speeds, enhancing network reliability and subscriber experience.

How does Harmonic Inc contribute to broadband networking?

Harmonic Inc revolutionized broadband networking with the industry’s first virtualized broadband solution, enabling flexible deployment of gigabit internet services to homes and mobile devices.

What is the focus of Harmonic Inc's Video business strategy?

Harmonic Inc's Video business strategy aims at driving profitable growth by focusing on scalable market opportunities, streamlining operations, and optimizing cost structures.

How many homes does Harmonic Inc's cOS™ platform support?

Harmonic Inc's cOS™ platform powers next-gen broadband services to over 28 million homes globally.

Where can I find more information about Harmonic Inc?

More information about Harmonic Inc and its solutions is available at www.harmonicinc.com.

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Harmonic Inc

Nasdaq:HLIT

HLIT Rankings

#2165 Ranked by Market Cap
N/A Ranked by Dividends

HLIT Stock Data

1.57B
113.80M
2.34%
95.42%
2.91%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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United States of America
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