Transaction Positions Harmonic as a Pure-Play Broadband Company SAN JOSE, Calif., June 17, 2026 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT), the worldwide leader in virtualized broadband solutions, today announced the successful completion of the sale of its Video Business to MediaKind, a global leader in cloud-based video streaming technology, for $145 million in cash.
Harmonic's Software-Based XOS Advanced Media Processor Powers Cost-Efficient 24/7 Channel Origination and Direct-to-Consumer Delivery SAN JOSE, Calif., May 28, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cantons in French-s...
Harmonic's SeaStar Optical Node Enables Cost-Effective Broadband Service Expansion in Previously Underserved Brownfield MDU Environments SAN JOSE, Calif., May 19, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that DNA Finland, the second largest mobile and fixed broadband operator serving the Finnish market, is expanding multi-gigabit services into lower-density multi-dwelling un...
Harmonic Inc. is upgraded to Buy, leveraging its dominant DOCSIS infrastructure share and cOS platform as North American cable operators ramp DOCSIS 4.0 deployments. HLIT's broadband segment posted 43% YoY revenue growth in Q1 2026, with rest-of-market bookings now over 50%, reducing historical customer concentration risk. Gross margin guidance for FY2026 is 50–51.5%, pressured by memory costs ...
SAN JOSE, Calif., May 13, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Inter Venezuela, the largest private Internet service provider in Venezuela, is powering its new nationwide XGS-PON-based mobile backhaul service with Harmonic's cOS™ virtualized core and portfolio of fiber solutions.
Harmonic NASDAQ: HLIT reported a stronger-than-expected first quarter for fiscal 2026, driven by sharp growth in its broadband business and broader adoption beyond its largest customers, according to comments from executives on the company's earnings call.
Broadband revenue increased 43% year over year, including 78% growth in Rest-of-Market Company raises full-year outlook to reflect Broadband revenue of $475 million - $495 million Sale of Video business progressing as planned, expected to close in the second quarter SAN JOSE, Calif., May 11, 2026 /PRNewswire/ -- Harmonic Inc. (Nasdaq: HLIT) today announced its unaudited results for the first qu...
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