Earnings summaries and quarterly performance for HARMONIC.
Executive leadership at HARMONIC.
Board of directors at HARMONIC.
Research analysts who have asked questions during HARMONIC earnings calls.
Ryan Koontz
Needham & Company, LLC
4 questions for HLIT
Also covers: AAOI, ADTN, ANET +27 more
Steven Frankel
Rosenblatt Securities
4 questions for HLIT
Also covers: DLB, IMAX, LINC +4 more
Tim Savageaux
Northland Capital Markets
4 questions for HLIT
Also covers: AAOI, ADTN, AIRG +16 more
Simon Leopold
Raymond James
3 questions for HLIT
Also covers: AAOI, ANET, ATEN +17 more
George Notter
Jefferies
2 questions for HLIT
Also covers: AAOI, ADTN, ANET +18 more
Alyssa Shreves
Barclays
1 question for HLIT
Also covers: AXON, CIEN, MSI
W. Chiu
Raymond James
1 question for HLIT
Also covers: FFIV, NTNX
Recent press releases and 8-K filings for HLIT.
Harmonic to Sell Video Business to MediaKind, Focus on Broadband Growth
HLIT
M&A
New Projects/Investments
Share Buyback
- Harmonic is selling its video business to MediaKind, with the deal expected to close in the first half of 2026, enabling the company to become a pure-play broadband provider.
- The company anticipates a rebound in its broadband business in 2026 due to wider availability and customer readiness for Unified DOCSIS 4.0, following a headwind in 2025.
- Harmonic is expanding its fiber solutions, including a partnership with Comcast for new home pass rollouts, which is expected to add revenue in 2025 and grow in 2026. They are also targeting the Telco market with new products like SEASTAR.
- The sale will infuse additional capital, which Harmonic plans to allocate towards organic broadband growth, potential strategic M&A, and continuing its $200 million share repurchase program, of which $66 million was executed by the end of Q3.
- The company expects its broadband margin structure to improve to above 50% as the mix shifts favorably towards higher-margin cOS licenses with increasing customer upgrades.
Dec 10, 2025, 10:30 PM
Harmonic Sells Video Business and Outlines Broadband Growth Strategy
HLIT
M&A
New Projects/Investments
Share Buyback
- Harmonic is selling its video business to MediaKind, with the deal expected to close in the first half of 2026, to become a pure-play broadband provider focused on accelerating growth in virtualized CMTS and fiber.
- The company anticipates a rebound in DOCSIS 4.0 deployments in 2026 as the technology becomes widely available to a broader customer base, beyond the top two operators.
- Harmonic is expanding its fiber solutions, including a partnership with Comcast for new home rollouts and targeting the Telco market, with BEAD funding seen as a potential upside for late 2026-2027.
- The sale will infuse capital, supporting organic growth in broadband, potential M&A for complementary capabilities, and continued execution of the $200 million share repurchase program, with $66 million executed by the end of Q3 this year (2025).
- Broadband margins are targeted to be above 50%, driven by a more favorable mix towards licenses and recurring revenue from cloud services.
Dec 10, 2025, 10:30 PM
Harmonic Discusses Video Business Sale and Broadband Strategy
HLIT
M&A
New Projects/Investments
Share Buyback
- Harmonic (HLIT) has sold its video business to MediaKind, a deal expected to close in the first half of 2026, allowing HLIT to become a pure-play broadband provider.
- The company anticipates a rebound in Unified DOCSIS 4.0 in 2026 after a 2025 headwind, with increasing market readiness and customer adoption beyond its top two clients.
- HLIT is expanding its fiber solutions, including a partnership with Comcast for new home rollouts and targeting tier two/three telco customers, which represents a TAM expansion.
- The capital infusion from the video business sale will support organic growth in broadband, potential strategic acquisitions, and the continuation of its $200 million share repurchase program, with $66 million executed by the end of Q3 this year.
Dec 10, 2025, 10:30 PM
Harmonic Announces Pending Sale of Video Business
HLIT
M&A
- Harmonic Inc. (HLIT) announced it has received a binding offer from Leone Media Inc. (d/b/a MediaKind) to acquire its Video Business.
- The acquisition is for approximately $145 million in cash.
- The transaction is expected to close in the first half of 2026, subject to a French employee works council consultation process, customary closing conditions, and regulatory approvals.
- This divestiture is intended to sharpen Harmonic's focus on its core Broadband business and provide financial flexibility.
Dec 9, 2025, 2:48 AM
Harmonic's Video Business to be Acquired by MediaKind
HLIT
M&A
New Projects/Investments
- MediaKind has entered into an agreement to acquire Harmonic Inc.'s Video Business for approximately $145 million.
- The transaction is anticipated to close in the first half of 2026, pending customary regulatory approvals and closing conditions.
- The combined business is expected to generate over $100 million in annual recurring revenue (ARR) and over $150 million in annual appliance revenue.
- This strategic move will allow Harmonic to concentrate on its core Broadband segment.
Dec 8, 2025, 2:37 PM
Harmonic Sells Video Business to MediaKind
HLIT
M&A
Share Buyback
New Projects/Investments
- Harmonic Inc. announced the sale of its Video business, including both Appliance and Streaming segments, to MediaKind.
- The sale was prompted by a compelling offer from MediaKind and aligns with Harmonic's strategy to expand its focus and growth opportunity in broadband management.
- Proceeds from the transaction will be used to fuel investment in the Broadband business, expand capabilities, and execute the existing $200 million share repurchase program.
- The company, now solely focused on Broadband, holds over 90% market share in virtualized architecture for cable and over 60% in distributed devices, anticipating significant growth in 2026 driven by DOCSIS 4.0 and fiber optionality.
Dec 8, 2025, 1:40 PM
Harmonic Sells Video Business to Mediacom, Shifts Focus to Broadband
HLIT
M&A
Share Buyback
New Projects/Investments
- Harmonic is selling its video business, which includes both appliance and streaming segments, to Mediacom.
- The divestiture is intended to allow Harmonic to expand its focus and growth opportunities in broadband management, with the entire company concentrating on the broadband business.
- Proceeds from the sale will be used to fuel investment in broadband, explore other market expansion opportunities, and execute a $200 million share repurchase program.
- The company anticipates DOCSIS 4.0 to transition from a headwind in 2025 to a tailwind in 2026.
Dec 8, 2025, 1:40 PM
Harmonic Announces Sale of Video Business to MediaKind
HLIT
M&A
Share Buyback
New Projects/Investments
- Harmonic announced the sale of its video business segment to MediaKind in an all-cash transaction, allowing the company to focus on its broadband business.
- The decision to sell was driven by a compelling offer from MediaKind and improved profitability of the video business, contrasting with a previous strategic review that concluded in April 2024 without a suitable buyer.
- Proceeds from the sale will be used to fuel investment in the broadband segment and to execute the $200 million share repurchase program.
- Harmonic is a leading broadband provider, holding over 90% market share in virtualized architecture and over 60% (around 65%) market share in distributed devices within the cable segment.
- The company anticipates DOCSIS 4.0 rollout to become a tailwind in 2026 after being a headwind in 2025, expecting significant growth for non-top two customers throughout 2026.
Dec 8, 2025, 1:40 PM
Harmonic Announces Binding Offer to Sell Video Business
HLIT
M&A
Share Buyback
Guidance Update
- Harmonic (HLIT) has received a binding offer from MediaKind to sell its video business segment for approximately $145 million in cash.
- The transaction is expected to close in the first half of 2026, subject to customary closing conditions and regulatory approvals.
- This strategic sale will enable Harmonic to expand and grow its broadband business and increase investment in its rapidly growing fiber business.
- A portion of the capital infusion from the sale will be allocated towards executing the company's $200 million share repurchase program.
- Harmonic is reaffirming its Q4 2025 guidance.
Dec 8, 2025, 1:00 PM
Harmonic announces pending sale of its Video Business
HLIT
M&A
Guidance Update
New Projects/Investments
- Harmonic has received a binding offer from MediaKind to acquire its Video Business segment for approximately $145 million in cash.
- The transaction is expected to close in the first half of 2026 and aims to sharpen Harmonic's focus on its core Broadband business.
- Harmonic is reaffirming its total company financial guidance for Q4 2025.
Dec 8, 2025, 12:35 PM
Quarterly earnings call transcripts for HARMONIC.
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