Core Viewpoint - Harmonic is set to release its fourth quarter and full year 2025 financial results on February 19, 2026, after market close, allowing time for accounting related to the pending sale of its Video business [1]. Group 1: Financial Results Announcement - The financial results will be discussed in a live webcast at 2:00 p.m. PT on the same day [1]. - Participants can register in advance for the telephone conference using a provided link [2]. - A confirmation email will be sent to telephone participants with details on how to join the audio version of the webcast [3]. Group 2: Webcast Participation - The live webcast will be accessible via Harmonic's Investor Relations website [3]. - Participants are advised to join at least 15 minutes early for both the conference call and the webcast [3]. - A replay of the event will be available on the website after 5:00 p.m. PT for those unable to attend live [4]. Group 3: Company Overview - Harmonic is a leader in virtualized broadband and video delivery solutions, enabling high-quality video streaming and broadcast services globally [5]. - The company has innovated broadband networking with the first virtualized broadband solution, facilitating gigabit internet service deployment [5]. - Harmonic's solutions support media companies and service providers in monetizing live and on-demand content across various platforms [5].

Core Viewpoint - Harmonic has received a binding offer from MediaKind to acquire its Video Business segment for approximately $145 million in cash, which is expected to close in the first half of 2026, subject to regulatory approvals and employee consultation processes [1][2][3] Group 1: Transaction Details - The proposed acquisition is valued at around $145 million in cash [1][7] - The transaction is anticipated to close in the first half of 2026, pending regulatory approvals and a consultation process with the French employee works council [1][2] - Harmonic's Video Business will be integrated into MediaKind, which aims to enhance its product solutions and innovation capabilities [3][7] Group 2: Strategic Implications - This divestiture will allow Harmonic to sharpen its focus on its core Broadband business and growth priorities [2][3] - The transaction is expected to provide a significant capital infusion, improving Harmonic's balance sheet and financial flexibility [2][3] - MediaKind's acquisition of Harmonic's Video Business is seen as a strategic move to strengthen its position in the video delivery market and enhance its research and development capabilities [3][7] Group 3: Company Background - Harmonic is recognized as a leader in virtualized broadband and video delivery solutions, enabling high-quality video streaming and broadcast services globally [6][8] - MediaKind is a prominent player in the video technology landscape, serving over 2,000 global service providers and content owners [9]

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 - Harmonic Inc. reported strong second quarter results for 2025, with revenue and profitability in both Video and Broadband segments exceeding the high end of their guidance [2][4] - The company is experiencing momentum in the Video segment and anticipates moderate growth in Broadband, with positive indicators for future performance [2][4] Financial Performance - Q2 2025 net revenue was $138.0 million, slightly down from $138.7 million in Q2 2024 [7] - Broadband segment revenue decreased to $86.9 million from $92.9 million year-over-year, while Video segment revenue increased to $51.1 million from $45.8 million [7] - GAAP net income for Q2 2025 was $2.9 million, compared to a net loss of $12.5 million in the prior year [7] - Non-GAAP net income was $10.3 million, up from $9.3 million in Q2 2024 [7] - Adjusted EBITDA for the quarter was $17.0 million, compared to $16.1 million in the prior year [7] Business Highlights - The company reported bookings of $158.4 million for the quarter, significantly higher than $72.4 million in Q2 2024 [7] - Backlog and deferred revenue as of the quarter end stood at $504.5 million [7] - Cash and cash equivalents at the end of Q2 2025 were $123.9 million, compared to $45.9 million in the prior year [7] - Harmonic repurchased approximately 1.6 million shares of common stock for $14.0 million [7] - The company commercially deployed its cOSTM solution with 136 customers, serving 35.3 million cable modems [7] Future Outlook - For Q3 2025, the company expects net revenue in the range of $120 million to $135 million, with gross margins projected at 52.5% to 53.8% [6] - The company anticipates that the ongoing development of Unified DOCSIS 4.0 will provide tailwinds for growth in 2026 [2][4]

Core Viewpoint - Harmonic is set to release its second quarter 2025 financial results on July 28, 2025, after market close, followed by a live webcast to discuss the results [1]. Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be announced after market close on July 28, 2025 [1]. - A live webcast to discuss the results will take place at 2:00 p.m. PT on the same day [1]. Group 2: Participation Details - Telephone participants must register in advance to receive a confirmation email with details on joining 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 the conference call or sign on to the webcast at least 15 minutes prior to the start [2]. Group 3: Replay Information - A replay of the live event will be available on the Investor Relations website after 5:00 p.m. PT [3]. Group 4: Company Overview - Harmonic is a leader in virtualized broadband and video delivery solutions, enabling media companies and service providers to deliver 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 Viewpoint - Harmonic Inc. has expanded its collaboration with Cignal TV to modernize its media workflows, enhancing video streaming and broadcast services through its VOS360 Media Software-as-a-Service platform [1][4]. Group 1: Collaboration and Technology - The partnership aims to modernize Cignal TV's channel origination, playout, and disaster recovery workflows, leveraging Harmonic's cloud-based VOS360 platform [1][2]. - The VOS360 platform integrates various media processing functions into a single cloud-native solution, simplifying video operations and reducing infrastructure costs for Cignal TV [2][4]. - The platform supports both linear TV channels and traditional broadcast services, providing advanced capabilities for live content distribution, which enhances operational flexibility and scalability for Cignal TV [2][3]. Group 2: Disaster Recovery and Service Reliability - A key feature of the VOS360 platform is its robust disaster recovery functionality, allowing Cignal TV to shift playout operations to the cloud during disruptions, ensuring uninterrupted service [3]. - The use of Secure Reliable Transport connections enables content delivery directly from the cloud to network sites without affecting viewer experience, ensuring stable service delivery [3]. Group 3: Financial Implications - The advancements from this collaboration are expected to generate incremental demand for Harmonic's solutions, leading to higher revenues and improved financial performance [5]. - Harmonic's stock has seen a decline of 19% over the past year, contrasting with the industry's growth of 34.4%, indicating potential for recovery with the new partnership [6].

Company Overview - Harmonic is a leader in virtualized broadband and video delivery solutions, enabling media companies and service providers to deliver ultra-high-quality video streaming and broadcast services globally [2] - The company has revolutionized broadband networking with the first virtualized broadband solution, allowing cable operators to deploy gigabit internet services more flexibly [2] - Harmonic's innovations include simplifying OTT video delivery through cloud and software platforms, and enhancing the monetization of live and on-demand content across various screens [2] Upcoming Events - Harmonic's President and CEO, Nimrod Ben-Natan, along with CFO Walter Jankovic, will host virtual investor meetings at the 20th Annual Needham Virtual Technology, Media & Consumer Conference on May 12, 2025, and at the Rosenblatt 5th Annual Virtual Technology Summit on June 10, 2025 [1]

Core Insights - Harmonic Inc. reported strong financial performance in Q1 2025, with revenue and profitability exceeding expectations, particularly in the Video segment [1][2] - The company generated robust cash flow, ending the quarter with a cash balance of $149 million, significantly higher than the previous year [1][6] - Harmonic's CEO expressed confidence in the company's strategy and long-term growth prospects despite potential macroeconomic uncertainties [2] Financial Highlights - Q1 2025 net revenue reached $222.2 million, up from $122.1 million in Q1 2024, marking a 82.2% increase [4][6] - Net income for Q1 2025 was $38.1 million, compared to a net loss of $8.1 million in the prior year [4][6] - Adjusted EBITDA for the quarter was $21.1 million, a significant increase from $4.1 million in Q1 2024 [4][6] Segment Performance - The Broadband segment generated revenue of $84.9 million, up from $78.9 million in the prior year, with a Non-GAAP gross margin of 55.5% compared to 47.5% [6][31] - The Video segment reported revenue of $48.3 million, an increase from $43.2 million in the previous year, with a Non-GAAP gross margin of 66.4% compared to 61.6% [6][31] Operational Developments - Harmonic successfully deployed its cOSTM solution with 129 customers, serving 33.9 million cable modems [6] - The company won seven new broadband customers, including two Tier 1 US customers and three fiber customers [6] - Major innovations in the Broadband segment are now in production, enhancing subscriber satisfaction and reducing operational costs [6] Market Position - Harmonic continues to expand its market share in both Broadband and Video sectors, driven by strong execution and a large backlog of orders [2][6] - The company highlighted its advancements in hybrid cloud and AI-powered solutions for broadcasters at the 2025 NAB Show [6]