THB335 Phase 1 SAD/MAD clinical trial progressing; study now on track to report clinical results in 1Q'25 Strong financial position with cash and cash equivalents totaling $255.3 million as of June 30, 2024 SAN FRANCISCO, Aug. 08, 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 financial results for the second quarter ...

Harmonic (HLIT) closed the last trading session at $13.13, gaining 9.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17.17 indicates a 30.8% upside potential. The mean estimate comprises six short-term price targets with a standard deviation of $2.04. While the lowest estimate of $14 indicates a 6.6% increase from the current price level, the most optimistic analyst expects the ...

John M Lund Photography Inc Harmonic Investment Thesis After the market closed on Monday, July 29, 2024, Hamonic Inc. (NASDAQ:HLIT) released its second-quarter 2024 eamings. It beat revenue estimates by S.09 million, and its n That brought out buyers on July 30, and they bid up the share price by 21.19%: Basic 1D 60 1M 10Y MAX Advanced em Aug 01, 2024 2:50 PM 14.24 13 12 11 8.968 lllutal l t. Jul 29 Jul 31 Ava 1 Jul 30 HLIT 5-day price chart (Seeking Alpha) Should the rest of us take an interest in Harmonic ...

SAN JOSE, Calif., July 31, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Vivo Worldwide Productions is powering Caliente TV, a new sports TV channel in Mexico, with Harmonic's comprehensive playout and distribution solution. Simplifying all stages of media processing, playout and distribution to affiliates and partners, Harmonic's VOS®360 Media SaaS and ProView™ IRD and stream processor ensure an outstanding experience for Caliente TV affiliates and viewers. The comprehensive offering fr ...

Shares of video-streaming technology company Harmonic (HLIT 17.15%) skyrocketed today after the company reported better-than-expected second-quarter results. Falling revenue and earnings, but ahead of estimates The company's non-GAAP (adjusted) earnings per share of $0.08 were down from Q2 2023 earnings of $0.12, which was still good enough to easily outpace analysts' consensus estimate of $0.04 for the quarter. The significant earnings beat for the second quarter was likely a big factor in Harmonic's share ...

Harmonic Inc. (NASDAQ:HLIT) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Company Participants David Hanover - Investor Relations Nimrod Ben-Natan - President and Chief Executive Officer Walter Jankovic - Chief Financial Officer Conference Call Participants Simon Leopold - Raymond James Ryan Koontz - Needham & Company Steven Frankel - Rosenblatt Securities George Notter - Jefferies Tim Savageaux - Northland Capital Markets Operator Welcome to the Second Quarter 2024 Harmonic Earnings Conference ...

This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this video services provider would post a loss of $0.01 per share when it actually produced break-even earnings, delivering a surprise of 100%. Harmonic, which belongs to the Zacks Communication - Components industry, posted revenues of $138.74 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.33%. This compares to year-ago revenues of $155.96 million. The company has topped ...

23 harmonic. Nimrod Ben-Natan, President & CEO Walter Jankovic, CFO July 29, 2024 FORWARD-LOOKING STATEMENTS ©2024 Harmonic Inc. All rights reserved worldwide. 2 Broadband strategy remains on track for multiyear growth Reaffirming full year 2024 revenue guidance in both Broadband and Video BROADBAND SEGMENT UPDATE • Record DOCSIS 4.0 shipments of outdoor nodes • Recently announced Pearl, the market's highest density remote optical line terminal (OLT) | --- | --- | |-------|---------------------------------- ...

Further information about Harmonic and the company's solutions is available at www.harmonicinc.com. SAN JOSE, Calif., July 29, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Telecentro, a leading telecommunications operator in Argentina, has selected Harmonic's industry-leading cOS™ broadband platform to modernize its broadband network. Harmonic's cOS virtualized core software and versatile edge devices will maximize Telecentro's investment in DOCSIS 3.1 networks, enabling reliable, highs ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Harmonic Announces Second Quarter 2024 Results Revenue of $138.7 million up 14% quarter over quarter at high end of guidance Reaf irming Broadband and Video Full Year Revenue Guidance SAN JOSE, California, July 29, 2024 - Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2024. "Our second quarter revenue was at the high end of our guidance range while profitability in both businesses exceeded our expectations," said Nimrod Ben-Nat ...