HLIT Stock Recent News

Harmonic expands partnership with Cignal TV to enhance the latter's broadcast and streaming services with a cutting-edge solution.

SAN JOSE, Calif. , May 20, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company will showcase breakthrough broadband innovations at ANGA COM 2025.

Harmonic's VOS360 Media SaaS Streamlines Channel Origination, Playout and Disaster Recovery for Leading Service Provider in the Philippines SAN JOSE, Calif. , May 19, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Cignal TV, a leading pay-TV provider in the Philippines, has expanded its partnership with Harmonic to modernize channel origination, playout and disaster recovery workflows.

Collaboration Strengthens Harmonic's Open ONU Vision, Driving Down Fiber Broadband Deployment Costs SAN JOSE, Calif. , May 13, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a new partnership with Evolution Digital, a global leader in advanced connectivity solutions, further expanding its roster of interoperable ONU partners and reinforcing the company's commitment to creating an open, flexible fiber broadband ecosystem.

SAN JOSE, Calif. , May 7, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Nimrod Ben-Natan, President and CEO of Harmonic, and Walter Jankovic, Chief Financial Officer, will host virtual investor meetings at the 20th Annual Needham Virtual Technology, Media & Consumer Conference on Monday, May 12, 2025, and the Rosenblatt 5th Annual Virtual Technology Summit on Tuesday, June 10, 2025.

Harmonic's cOS Virtualized Broadband Platform Simplifies the Transition to Distributed Access Architecture, Enabling Faster Connectivity and an Evolutionary Path to Fiber SAN JOSE, Calif. , April 30, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Caribbean internet service provider Flamingo TV Bonaire is embracing Harmonic's industry-leading cOS™ virtualized broadband platform to completely modernize its broadband infrastructure.

Harmonic Inc. (NASDAQ:HLIT ) Q1 2025 Results Conference Call April 28, 2025 5:00 PM ET Company Participants David Hanover - Investor Relations Nimrod Ben-Natan - President & Chief Executive Officer Walter Jankovic - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Securities Ryan Koontz - Needham Victor Chiu - Raymond James Alyssa Shreves - Barclays Tim Savageaux - Northland Capital Markets Operator Welcome to the First Quarter 2025 Harmonic Earnings Conference Call. My name is Lisa, and I will be your operator for today's conference call.

Harmonic (HLIT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to break-even earnings per share a year ago.

Broadband gross margins and profitability exceeded expectations Strong Video results with revenue and profitability surpassing high end of guidance Robust cash flow generation resulted in cash balance of $149 million at quarter end SAN JOSE, Calif. , April 28, 2025 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the first quarter of 2025.

Harmonic Inc. shows strong topline growth and market penetration, driven by innovation and strategic partnerships, making it a promising potential addition to my portfolio. The asset-light business model and high free cash flow enhance profitability and sustainability, with a low Net Debt/EBITDA ratio of 0.25x. Despite recent downtrends, HLIT stock is undervalued with significant upside potential, supported by P/E Ratio and DCF Model analyses indicating a TP of up to $17.30.