LOS ANGELES, Feb. 13, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Harmonic Inc. ("Harmonic" or "the Company") (NASDAQ: HLIT) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. Shares of Harmonic Inc. fell sharply in after-hours trading on February 10, 2025, after the company lowered its revenue ou ...

Core Insights - Harmonic Inc. has successfully integrated its VOS 360 Media SaaS and VOS360 Ad SaaS with Akamai Technologies' cloud computing platform, enhancing media delivery solutions for the media and entertainment sectors [1][4]. Group 1: Partnership and Solutions - The collaboration with Akamai allows Harmonic to provide greater efficiency in deploying broadcast, playout, and video streaming workflows [1]. - VOS360 Media SaaS simplifies media delivery for premium video streaming and broadcasting, optimizing workflows and reducing operational costs for media companies [2]. - The VOS360 Ad SaaS solution enhances ad targeting and revenue generation through personalized ad delivery, benefiting broadcasters and content providers [3]. Group 2: Market Position and Growth Potential - This partnership strengthens Harmonic's presence in the cloud-based media solutions market, expanding its customer base and enhancing credibility [5]. - The advancements from this collaboration are expected to generate increased demand for Harmonic's solutions, leading to higher revenues and improved financial performance [6]. - Harmonic's stock has underperformed, with a decline of 20.8% over the past year, contrasting with the industry's growth of 65.6% [7].

Harmonic Inc. (NASDAQ:HLIT) Q4 2024 Results Conference Call February 10, 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 Simon Leopold - Raymond James Ryan Koontz - Needham Steven Frankel - Rosenblatt Securities Tim Savageaux - Northland Capital Markets Operator Welcome to the Fourth Quarter and Full Year 2024 Harmonic Earnings Conference Call. My name is Vict ...

Harmonic (HLIT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.62%. A quarter ago, it was expected that this video services provider would post earnings of $0.20 per share when it actually produced earnings of $0.26, delivering a surprise of 30%.Over the last four quarters, the co ...

Collaboration Qualifies Two Harmonic Video Streaming Solutions, VOS360 Mediaand VOS360 Ad SaaS, on Akamai Cloud SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that its VOS®360 Media SaaS and VOS360 Ad SaaS are now qualified on Akamai, the cybersecurity and cloud company that powers and protects business online. This qualification can provide customers with greater efficiency for the deployment of playout, broadcast and video streaming workflows. Through this collabor ...

Record total quarterly revenue, up 33% year over year, and record quarterly Adjusted EBITDADoubles previous stock repurchase program to $200 millionSAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the fourth quarter and fiscal year ended December 31, 2024."Harmonic achieved record quarterly total company revenue and Adjusted EBITDA, with both Broadband and Video revenue exceeding expectations," said Nimrod Ben-Natan, president and chief e ...

SAN JOSE, Calif., Jan. 21, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its fourth quarter and full year 2024 financial results after the market close on Monday, February 10, 2025. Harmonic will host a live webcast to discuss the Company's results at 2:00 p.m. PT on the same day.To participate via telephone, please register in advance using this link,https://register.vevent.com/register/BI1b0ab6540ffa495a805e1e982151884e.Upon registration, telephone participants will receive ...

Harmonic, Inc. (HLIT) recently announced Two Wheels Motor Racing, a prominent motorsport organization in Malaysia, has opted to utilize Harmonic’s advanced solution suite to deliver premium quality live sports streaming contents. Two Wheels Motor Racing (TWMR) is committed to bring the excitement of motorcycle racing to fans across the region. However, managing the dynamic nature of live sports streaming is a complex task and leaves no room for error.Fast paced action of sports, delivering high video qualit ...

SAN JOSE, Calif., Dec. 18, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Two Wheels Motor Racing (TWMR) in Malaysia is simplifying the distribution of live sports events with Harmonic. Leveraging Harmonic's VOS®360 Media SaaS, ViBE CP9000 contribution encoder and ProView 8100 IRD, TWMR can deliver exceptional-quality video streams to affiliates over the internet. "Our mission as a motorsport organization is simple: to bring the thrill of motorcycle racing to fans across Asia. Delivering ...

SAN JOSE, Calif., Nov. 26, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Nimrod Ben-Natan, President and CEO of Harmonic, and Walter Jankovic, Harmonic's Chief Financial Officer, will participate in a fireside chat at the Raymond James 2024 TMT and Consumer Conference in New York City, on Monday, December 9, 2024 at 8:20 a.m. PT/11:20 a.m. ET and host investor meetings throughout the day. Mr. Jankovic will also host investor meetings at the Barclays 2024 Global Technology Conference in S ...