Harmonic Inc. (HLIT) Q2 2026 Earnings Call Transcript
Harmonic NASDAQ: HLIT reported second-quarter 2026 broadband revenue of $133.5 million, up 54% from a year earlier and above its prior guidance range of $115 million to $125 million, as deployment activity expanded among customers outside of its two largest accounts.
Harmonic (HLIT) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.09 per share a year ago.
| Communications Equipment Industry | Information Technology Sector | Nimrod Ben-Natan CEO | XSTU Exchange | 413160102 CUSIP |
| US Country | 552 Employees | - Last Dividend | 15 Oct 1999 Last Split | 22 May 1995 IPO Date |
Harmonic Inc., and its subsidiaries, stand as a global provider of broadband solutions. The company's operations are divided into Broadband and Video segments. It principally serves broadband operators, cable operators, satellite and telco Pay-TV service providers, alongside broadcasting and media entities, including those in the streaming media space. Harmonic Inc. is characterized by its commitment to innovation in broadband access and video processing, production, and playout solutions. Founded in 1988, the company has established its headquarters in San Jose, California, underscoring its position within the heart of the technology industry. Through a combination of direct sales and partnerships with independent resellers and systems integrators, Harmonic extends its market reach globally, offering both products and comprehensive services.
Harmonic Inc. encompasses a broad spectrum of products and services across its Broadband and Video segments. These offerings are tailored to meet the evolving needs of its diverse clientele, from broadband operators to broadcast and media companies.
Includes cOS software-based broadband access solutions directed at broadband operators. Harmonic also offers cOS central cloud services, which are subscription-based services for cOS customers, focusing on extending the capabilities and performance of broadband networks.
Targeted at cable operators, satellite and telco Pay-TV service providers, and broadcast and media companies, including streaming media. The solutions range from encoders, video servers, high-density stream processing systems, to edge processors, all designed to enhance video quality and distribution efficiency.
A comprehensive solution that offers streaming and channel origination and distribution services. This platform facilitates live streaming, video on demand (VOD), catch-up TV, start-over TV, network-DVR, and cloud-DVR services, alongside HTTP streaming across various devices with dynamic and personalized ad insertion capabilities.
These are designed to streamline the packaging and delivery of streaming services. It includes features for live streaming, VOD, catch-up TV, and more, with a focus on efficiency and scalability for broadcasters and streaming providers.
Harmonic provides an extensive range of services including maintenance and support, consulting, implementation, integration services, program management, technical design and planning, site preparation, integration and equipment installation, end-to-end system testing, and training. Additionally, it offers SaaS-related support and deployment to ensure customers achieve their desired operational outcomes.