HARMONIC INC. (NASDAQ:HLIT) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
EX-99.1 2 hlit-20200327pressrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1FOR IMMEDIATE RELEASEHarmonic Announces First Quarter 2020 Results Cable Access Segment Revenue up 85.6% year over yearSaaS and Service Revenue up 10.5% year over yearSAN JOSE,…
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About HARMONIC INC. (NASDAQ:HLIT)
Harmonic Inc. (Harmonic) designs, manufactures and sells video infrastructure products and system solutions. The Company has two segments: Video and Cable Edge. Harmonic provides technical support and professional services to its customers around the world. The Video segment sells video processing and production, and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and satellite and telecommunications (telco), and pay television (TV) service providers. Its Cable Edge business sells cable edge solutions and related services to cable operators. The Video segment offers software-based media processing platforms. The products in the video segment include video processing solutions, and video production platforms and playout solutions. The Cabled Edge segment offers products, including edge quadrature amplitude modulation (QAM) products, centralized converged cable access platform (CCAP) Solution and Distributed CCAP Solution.