Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
23 May 1995Website:
http://www.harmonicinc.comNext earnings report:
31 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:09:35 GMTDividend
Analysts recommendations
Institutional Ownership
HLIT Latest News
Amid the rush of mainstream investments, certain jewels in the stock market scene frequently go undiscovered. These three overlooked stocks are promising, but many investors remain unaware.
Harmonic (HLIT) and 44p unite to transform video delivery infrastructure, focusing on optimized distribution of Ultra High-Definition content.
SAN JOSE, Calif., June 26, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that 44p, a Germany-based media production company, is elevating its UHD playout, media processing and distribution with Harmonic's XOS Advanced Media Processor.
SAN FRANCISCO, May 28, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respiratory, and gastrointestinal inflammatory diseases, today announced that Chief Executive Officer, Natalie Holles, will participate in a fireside chat at the Jefferies Global Healthcare Conference on Wednesday, June 5, 2024, at 7:30 a.m. ET.
Harmonic experienced a slow quarter, but achieved a record backlog which is promising for the future with a new CEO incoming.
Harmonic Inc. (NASDAQ:HLIT) Q1 2024 Results Conference Call on April 29, 2024 at 5:00 PM ET with participants including David Hanover, Patrick Harshman, Nimrod Ben-Natan, and Walter Jankovic. Conference call participants include Simon Leopold, George Notter, Steven Frankel, Ryan Koontz, and Tim Savageaux. Operator: Thank you for joining the First Quarter 2024 Harmonic Earnings Conference Call.
Harmonic (HLIT) announced earnings per share that were in line with expectations, breaking even for the quarter instead of posting a loss of $0.01 as predicted by Zacks. This is a decrease from earnings of $0.12 per share in the same quarter last year.
Harmonic Inc. (HLIT) Q4 2023 Earnings Call Transcript
Harmonic (HLIT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.17 per share a year ago.
Harmonic is down from its high of $18 per share but still has growth potential in its SaaS segment. HLIT operates in the SaaS market, which is expected to reach $408 billion by 2025, and HLIT has a target market of $1.3 billion. HLIT's Q4 revenues are expected to be $45-$55 million, and the company is aiming for revenues of $620 million for FY2024.
- 1(current)
What type of business is Harmonic?
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.
What sector is Harmonic in?
Harmonic is in the Technology sector
What industry is Harmonic in?
Harmonic is in the Communication Equipment industry
What country is Harmonic from?
Harmonic is headquartered in United States
When did Harmonic go public?
Harmonic initial public offering (IPO) was on 23 May 1995
What is Harmonic website?
https://www.harmonicinc.com
Is Harmonic in the S&P 500?
No, Harmonic is not included in the S&P 500 index
Is Harmonic in the NASDAQ 100?
No, Harmonic is not included in the NASDAQ 100 index
Is Harmonic in the Dow Jones?
No, Harmonic is not included in the Dow Jones index
When does Harmonic report earnings?
The next expected earnings date for Harmonic is 31 July 2024