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Harmonic Inc. (NASDAQ: HLIT) is a global technology leader specializing in broadband and video delivery solutions. The company provides innovative software-based platforms and services that enable broadband operators and media companies to deliver high-speed internet and high-quality video experiences to consumers. Harmonic's offerings include broadband access solutions, video processing systems, and cloud-based video delivery platforms.
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Broadband Segment - Provides broadband access solutions, including the cOS™ (formerly CableOS) software-based platform, enabling operators to deploy high-speed internet services efficiently. Supports data, voice, and video services for connected devices and applications.
- cOS™ Platform - A virtualized broadband solution designed to meet increasing bandwidth demands from streaming, video-on-demand, and interactive applications.
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Video Segment - Delivers video processing, production, and playout solutions for cable operators, satellite and telco Pay-TV providers, and media companies. Offers software, hardware, and SaaS subscriptions for creating and delivering broadcast and streaming video services.
- SaaS Video Solutions - Cloud-based platforms that simplify over-the-top (OTT) video delivery and help monetize live and on-demand content across various devices.
Name | Position | External Roles | Short Bio | |
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Neven Haltmayer Executive | Senior Vice President, Video R&D | None | Neven Haltmayer joined Harmonic in 2002 and has played a pivotal role in the development of Harmonic's video technology. | |
Nimrod Ben-Natan Executive | President and Chief Executive Officer | None | Nimrod Ben-Natan joined Harmonic in 1996 and has been a key driving force in the advancement of next-generation broadband networks. He became CEO on June 11, 2024. | View Report → |
Walter Jankovic Executive | Chief Financial Officer | None | Walter Jankovic joined Harmonic as CFO on May 22, 2023. He has extensive experience in finance and leadership roles in the technology sector. | |
Dana Crandall Board | Director | None | Dana Crandall was nominated to the board in 2024 and has over 30 years of experience in technology leadership roles. | |
David Krall Board | Director | Strategic Advisor at Roku, Inc. and Universal Audio, Inc.; Board Chair at Audinate Pty Ltd.; Director at Progress Software Corporation | David Krall has been a director since February 2018 and has extensive experience in the digital media industry. | |
Deborah L. Clifford Board | Director | CFO of Autodesk | Deborah L. Clifford has been a director since October 2018 and is currently the CFO of Autodesk, responsible for finance and sustainability. | |
Patrick Gallagher Board | Chairperson of the Board | Lead Independent Director at Ciena Corporation | Patrick Gallagher has been a director since October 2007 and Chairperson since April 2013. He has over 30 years of experience in the telecom industry. | |
Stephanie Copeland Board | Director | Founder and Managing Partner at Four Points Funding LLC; Board Member at Tilson Technology Management, Inc. | Stephanie Copeland was nominated as a director in 2024 and has over 30 years of experience in the telecom and broadband industries. |
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Your two largest customers, Comcast and Charter, have announced bullish spending plans for network upgrades, yet your guidance anticipates a decline in broadband revenue for 2025; can you explain the disconnect and how their spending plans impact your revenue outlook?
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Given the additional demand forecast reductions from your broadband customers in January, what specific steps are you taking to mitigate the impact on your 2025 financial performance and to address potential further delays in Unified DOCSIS 4.0 deployments?
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With the anticipated increase in broadband operating expenses in 2025 despite declining broadband revenue, can you elaborate on how investing in Rest of World customer growth will drive profitability and justify the higher OpEx?
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As you note that the transition to Unified DOCSIS 4.0 is causing deployment delays and ecosystem dependencies, what assurances do you have that these challenges will not extend beyond 2025 and further impact your long-term growth trajectory?
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Considering that your Q4 book-to-bill ratio was 0.7, significantly below the historical benchmark, how do you plan to manage inventory and supply chain risks associated with a potential mismatch between bookings and revenue recognition, especially given the uncertainties in customer deployment schedules?
Notable M&A activity and strategic investments in the past 3 years.
Company | Year | Details |
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Thomson Video Networks | 2016 |
No recent press releases or 8-K filings found for HLIT.