Last $6.23 USD
Change Today -0.07 / -1.11%
Volume 678.4K
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As of 8:10 PM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

harmonic inc (HLIT) Key Developments

Harmonic Inc. Revises Earnings Guidance for the Second Quarter Ended June 27, 2014; Provides Earnings Guidance for the Third Quarter of 2014

Harmonic Inc. revised earnings guidance for the second quarter ended June 27, 2014. Net revenue for the second quarter of 2014 is expected to be in the range of $108.0 million to $110.0 million, compared with the previous guidance of $113.0 million to $123.0 million. GAAP gross margin is expected to be in the range of 44.5% to 46.5%, compared with the company's previous guidance of 49.5% to 50.5%. Non-GAAP gross margin is expected to be in the range of 49.0% to 51.0%, compared with the company's previous guidance of 52.5% to 53.5%. Non-GAAP net income per diluted share for the second quarter of 2014 is expected to be in the range of $0.00 to $0.02. GAAP gross profit from continuing operations to be in the range of $48.0 million to $51.0 million, loss from continuing operations to be in the range of $8.5 million to $10.5 million, non- GAAP gross profit from continuing operations to be in the range of $53.0 million to $56.0 million and income from continuing operations to be in the range of $0.5 million to $2.5 million. For the third quarter of 2014, the company anticipates net revenue in the range of $103.0 million to $113.0 million, GAAP gross margins in the range of 48.0% to 49.0%, and non-GAAP gross margins in the range of 52.0% to 53.0%.

Harmonic Inc. to Report Q2, 2014 Results on Jul 28, 2014

Harmonic Inc. announced that they will report Q2, 2014 results on Jul 28, 2014

Harmonic Inc., Q2 2014 Earnings Call, Jul 14, 2014

Harmonic Inc., Q2 2014 Earnings Call, Jul 14, 2014

Harmonic Introduces Distributed CCAP System

Harmonic announced NSG Exo, a cost-effective cable edge device for enabling the deployment of a Distributed Access Architecture (DAA) utilizing coax networks. NSG Exo, a distributed CCAP system, allows service providers to move their RF delivery requirements out of the headend or hub and deeper into the network, simplifying network design and operation to resolve power and space constraints, provide service flexibility, and lower capital and operational expenses. NSG Exo is one of the industry's first offerings to support a DAA. Leveraging industry standards, the CCAP-ready system includes DOCSIS/EuroDOCSIS/J-DOCSIS CMTS capabilities with universal edgeQAM capabilities coming soon. By enabling the delivery of video, data and voice (triple play) services over coax using a single, low-power device, NSG Exo helps cable and telco service providers, as well as business owners, generate additional revenue opportunities by reaching an untapped customer base, such as multiple-dwelling-units (MDUs), hospitality and college campuses. Utilizing GigE, GPON, or EPON networks, NSG Exo excels at delivering high-bandwidth services to dense pockets of coax infrastructure. Major CAPEX savings can be realized, as operators can now use a single device to deploy high-quality, high-speed triple-play services. The compact NSG Exo minimizes power and space requirements in the headend. Low power consumption of just 45 watts provides significant OPEX savings. As part of a Flexible Edge architecture, in which a simplified and unified access network allows operators to deliver differentiated residential, commercial and wireless services across any access medium, NSG Exo also assures the ability to keep pace with evolving business and industry requirements, such as the move to DOCSIS 3.1. NSG Exo can easily be integrated into an operator's network leveraging standard DOCSIS back-office provisioning and DOCSIS cable modems. Initially, NSG Exo will be available in an indoor enclosure, as a 1-RU, 19-inch wide chassis. NSG Exo is currently in multiple trials and will be available commercially in third quarter of 2014.

Harmonic Inc. Presents at Stephens 2014 Spring Investment Conference, Jun-04-2014 10:00 AM

Harmonic Inc. Presents at Stephens 2014 Spring Investment Conference, Jun-04-2014 10:00 AM. Venue: The New York Palace Hotel, New York, New York, United States. Speakers: Carolyn V. Aver, Chief Financial Officer, Principal Accounting Officer and Secretary.

 

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