SAN JOSE, Calif., Nov. 10, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Walter Jankovic, CFO of Harmonic, will host investor meetings at the 6th Annual Needham Tech Week Conference in New York, NY, on Thursday, November 20, 2025. For more information, please contact your Needham representative. About Harmonic Inc. Accessibility StatementSkip Navigation Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and servi ...

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Harmonic (NasdaqGS:HLIT) Q3 2025 Earnings Call November 03, 2025 05:00 PM ET Speaker2Welcome to the third quarter 2025 Harmonic Earnings conference call. My name is Cherie, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To ...

EARNINGS CONFERENCE CALL THIRD QUARTER 2025 Nimrod Ben-Natan, President & CEO Walter Jankovic, CFO November 3, 2025 1 1 2 AT-A-GLANCE FORWARD-LOOKING STATEMENTS During the course of this presentation, we will provide projections and other forward-looking statements regarding future events or the future financial performance of Harmonic, including expectations concerning our business and business growth for 2025 and 2026, our stock repurchase program, and our Q4 2025 guidance. Such statements are only curren ...

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Exhibit 99.1 FOR IMMEDIATE RELEASE Harmonic Announces Third Quarter 2025 Results Both Broadband and Video exceeded expectations on revenue and profitability SAN JOSE, California, November 3, 2025 - Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the third quarter of 2025. "Our third quarter results exceeded our expectations on revenue and profitability for both Broadband and Video," said Nimrod Ben- Natan, president and chief executive officer of Harmonic. "We saw stronger momentum in ...

Core Insights - Harmonic Inc. reported third-quarter results for 2025 that exceeded expectations in both revenue and profitability for its Broadband and Video segments [2][4] - The company anticipates increased revenue growth momentum in Broadband for 2026, driven by Unified DOCSIS 4.0 readiness and large customer deployment plans [2] Financial Highlights - Net revenue for Q3 2025 was $142.4 million, a decrease from $195.8 million in Q3 2024 [7] - Net income for Q3 2025 was $2.7 million, down from $21.7 million in the same quarter last year [7] - Adjusted EBITDA for Q3 2025 was $21.9 million, compared to $43.4 million in Q3 2024 [7] - Cash and cash equivalents as of the end of Q3 2025 were $127.4 million, up from $58.2 million a year earlier [7] Segment Performance - Broadband segment revenue for Q3 2025 was $90.5 million, down from $145.3 million in Q3 2024 [7] - Video segment revenue for Q3 2025 was $51.9 million, slightly up from $50.4 million in Q3 2024 [7] - The gross margin for the Broadband segment was 47.3%, down from 48.3% in the prior year, while the Video segment's gross margin was 66.7%, down from 69.0% [7] Business Developments - Harmonic commercially deployed its cOS solution with 142 customers, serving 37.6 million cable modems [7] - The company won six new broadband customers during the quarter, including two fiber customers and one international Tier 1 [7] - Comcast is leveraging Harmonic's fiber-to-the-home solutions, planning to expand to over 1.2 million new locations in 2025 [7] - An expanded partnership with Spectrum (Charter) was announced, focusing on cOS, DOCSIS 4.0 Unified RPDs, and advanced operational tools [7] Future Guidance - For Q4 2025, the company projects total GAAP net revenue between $133 million and $147 million, with a gross margin of approximately 54.5% [5][6] - The anticipated tax rate for Q4 2025 is 45% [5]

Core Viewpoint - Harmonic is set to release its third quarter 2025 financial results on November 3, 2025, and will host a live webcast to discuss these results [1]. Group 1: Financial Results Announcement - The financial results will be released after market close on November 3, 2025 [1]. - A live webcast to discuss the results is scheduled for 2:00 p.m. PT on the same day [1]. - Participants can register in advance for the telephone participation [2]. Group 2: Webcast Participation Details - Upon registration, participants will receive a confirmation email with details on how to join the audio version of the webcast [2]. - The live webcast will be accessible via Harmonic's Investor Relations website [2]. - Participants are advised to join at least 15 minutes prior to the call [2]. Group 3: Replay Information - A replay of the webcast will be available on the Investor Relations website after 5:00 p.m. PT for those unable to attend the live event [3]. Group 4: Company Overview - Harmonic is a leader in virtualized broadband and video delivery solutions, enabling high-quality video streaming and broadcast services globally [4]. - The company has innovated broadband networking with the first virtualized broadband solution, allowing flexible deployment of gigabit internet services [4]. - Harmonic's solutions facilitate the monetization of live and on-demand content across various screens [4].

Core Insights - Comcast Corporation is recognized as one of the top NASDAQ stocks to buy, particularly favored by hedge funds [1] - The company has partnered with Harmonic Inc. to enhance fiber broadband access, with plans to expand its network significantly in the coming years [1][2] Group 1: Partnership and Expansion - Comcast and Harmonic announced a partnership aimed at expanding fiber broadband access, with Comcast planning to reach over 1.2 million new locations by the end of 2025 [1] - The partnership utilizes Harmonic's cOS virtualized broadband platform, enabling Comcast to deliver multi-gigabit symmetrical broadband with low latency to both residential and commercial customers [2] - The converged solution from this partnership simplifies operations and supports cost-effective fiber rollouts, particularly in rural areas [3] Group 2: Company Overview - Comcast operates through various segments, including Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks [4] - Harmonic provides broadband access solutions globally, operating through Broadband and Video segments [4]

Core Insights - Harmonic and Mediacom Communications are showcasing DOCSIS 4.0 technology at SCTE TechExpo25, demonstrating its practical application in delivering multi-gigabit speeds to real customers [1][2][3] - The deployment highlights the readiness of DOCSIS 4.0 for widespread adoption, emphasizing its capabilities in enhancing broadband experiences and meeting increasing bandwidth demands [4][6] Company Overview - Harmonic is recognized as the market leader in cable broadband equipment and virtual CMTS, with its cOS platform powering over 35 million customer CPE devices globally [4][5] - Mediacom is the fifth-largest cable operator in the U.S., providing gigabit broadband services primarily in smaller markets across 22 states, serving over 3 million households and businesses [9] Technological Advancements - The deployment features Harmonic's cOS virtualized broadband platform integrated with Mediacom's network, showcasing advanced capabilities such as symmetric multi-gigabit speeds and enhanced upstream performance [2][4] - Real-time analytics and speed tests will be conducted to provide insights into user experience and performance metrics, demonstrating the effectiveness of DOCSIS 4.0 in a live environment [6] Industry Impact - The collaboration between Harmonic and Mediacom aims to close the digital divide by providing reliable and fast internet services, which are essential for communities to thrive in the digital economy [3][4] - The advancements in DOCSIS 4.0 technology are positioned to strengthen subscriber loyalty, expand market reach, and create new revenue opportunities for service providers [4][6]