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Harmonic gets lift from agreement with big shareholder

Harmonic shares jumped 9% the day after the video and cable tech company inked a cooperation agreement with a big shareholder that left some industry watchers scratching their heads about what it all means. The agreement itself was pretty basic. Scopia Capital Management, an investor that has been buying Harmonic shares in recent years and now holds a stake of 9.8% in the supplier, now has the right to appoint two directors to Harmonics board of directors during the next year. Scopia has also ...
Patrick Harshman Jerome Lande Commscope Home Networks Capital Management Cable Access Home Networks

Harmonic Enters into Cooperation Agreement with Scopia

Harmonic Enters into Cooperation Agreement with Scopia News provided by Share this article Share this article SAN JOSE, Calif., April 12, 2021 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it has entered into a cooperation agreement with Scopia Capital Management LP ("Scopia"). "We appreciate the constructive dialogue that we have had with Scopia, and we are pleased to have reached this agreement," said Patrick Harshman, CEO and president, Harmonic. "We are continuing to build o...
Patrick Harshman Jerome Lande Exchange Commission Securities Exchange Scopia Capital Management Cable Access

Harmonic Inc (HLIT) Q4 2020 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by and welcome to the Q4 2020 Harmonic Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker for today, David Hanover, Investor Relations. Sir, you may begin. David Hanover -- Investor Relations Thank you, Joanna. Hello, everyone, and thank you for joining us today for Harmonics fourth quarter of 2020 financial results conference call. With me today are Patrick Harshman, President and...
United States Sanjay Kalra Patrick Harshman Simon Leopold Raymond James Raymond James David Hanover
Source: fool.com

Harmonic 'CableOS' rollouts rise to 44 customers, 2.6M cable modems

Harmonic made more progress with "CableOS," its virtualized access network platform for both hybrid fiber/coax (HFC) and fiber-to-the-premises (FTTP) networks, in Q4 2020. But the overall deployment still represents a small fraction of the modems served by those customers. Harmonic said its cloud native CableOS product was deployed commercially with 44 customers at the end of Q4 2020, up 91% versus the year-ago period, with six more coming on board since the end of Q3 2020. Those deployments c...
United States Patrick Harshman Simon Leopold Raymond James Rural Digital Opportunity Fund Charter Communications

Harmonic Announces Fourth Quarter and Fiscal 2020 Results

Harmonic Announces Fourth Quarter and Fiscal 2020 Results Revenue up 38.6% quarter over quarter Bookings up 105% quarter over quarter News provided by Share this article SAN JOSE, Calif., Feb. 1, 2021   /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the fourth quarter and fiscal year ended December 31, 2020. "Harmonics fourth quarter results reflect the competitive advantages and complementary strengths of our Cable Access and Video segments," said Patr...
United States Patrick Harshman Comcast Corporation Exchange Commission Company Cable Securities Exchange

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