Page 11 - Patrick Harshman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Harmonic's board of directors during the next year. Scopia has also pledged to support Harmonic's slate of nominees at the upcoming 2021 annual meeting "and abide by c...

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 on the momentum in our Cable Access and Video segments. We remain very excited about our future oppor...

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 Harmonic's fourth quarter of 2020 financial results conference call. With me today are Patrick Harshman, President and Chief Executive Officer; and Sanjay Kalra, Chief Financial Officer. Before we begin, I'd like to p...

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 covered 2.6 million served cable modems, up roughly 500,000 from the 2.1 million served at the end of...

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. "Harmonic's fourth quarter results reflect the competitive advantages and complementary strengths of our Cable Access and Video segments," said Patrick Harshman, president and chief executive officer of Harmonic. "Both segments delivered sequentia...