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Harmonic(HLIT) - 2024 Q2 - Quarterly Results
2024-07-30 04:11
财务业绩 - 第二季度收入为1.387亿美元,同比增长14%,达到指引上限[2] - 非GAAP毛利率为53.1%,宽带业务非GAAP毛利率为47.6%,视频业务非GAAP毛利率为64.4%[6] - 非GAAP净利润为930万美元,非GAAP每股收益为0.08美元[6] - 第三季度GAAP收入指引为1.75亿至1.9亿美元,非GAAP毛利率指引为51.9%至52.9%[12] - 2024年GAAP收入指引为6.45亿至6.95亿美元,非GAAP毛利率指引为51.6%至53.2%[14] - 第三季度非GAAP调整后EBITDA指引为3400万至4200万美元[17] - 2024年非GAAP调整后EBITDA指引为1.02亿至1.31亿美元[19] - 公司总收入为1.56亿美元,其中硬件和集成收入为1.11亿美元,SaaS和服务收入为4,484万美元[39] - 总毛利为8,494万美元,毛利率为54.5%[39] - 研发费用为3,221万美元,销售及管理费用为4,277万美元[39] - 公司净亏损为1,555万美元,每股亏损为0.11美元[39,40] - 公司第二季度总收入为1.387亿美元,同比下降11%[46] - 第二季度非GAAP毛利率为52.9%,同比下降1.6个百分点[53] - 第二季度非GAAP净利润为928万美元,同比下降33.6%[55] - 第二季度非GAAP每股收益为0.08美元,同比下降33.3%[55] - 第一季度总收入为1.221亿美元,同比下降21.7%[56] - 第一季度非GAAP毛利率为52.5%,同比下降2.2个百分点[56] - 第一季度非GAAP净利润为38.2万美元,同比下降97.3%[56] - 第三季度2023年总收入为1.56亿美元,同比下降16.3%[58] - 公司第二季度总收入为3.136亿美元,同比增长20.1%[63] - 公司第二季度非GAAP净利润为2.828亿美元,同比增长192.8%[63] - 公司第三季度财务指引:预计收入在1.75亿美元到1.9亿美元之间,非GAAP净利润在2.2亿美元到2.9亿美元之间[70] - 公司第三季度毛利率预计在51.9%到52.9%之间,非GAAP营业利润率预计在20.3%到21.3%之间[70] - 公司第三季度非GAAP每股收益预计在0.19美元到0.24美元之间[70] - 公司2024财年收入预计为6.45亿美元至6.95亿美元之间[72] - 公司2024财年非GAAP毛利率预计为51.6%至53.2%之间[72] - 公司2024财年非GAAP营业费用预计为2.44亿美元至2.52亿美元之间[72] - 公司2024财年非GAAP净利润预计为0.65亿美元至0.88亿美元之间[72] - 公司2024财年非GAAP每股收益预计为0.56美元至0.75美元之间[72] - 公司2024财年GAAP净利润预计为0.23亿美元至0.45亿美元之间[72] - 公司2024财年GAAP每股收益预计为0.19美元至0.38美元之间[72] 业务表现 - 宽带业务收入为9290万美元,视频业务收入为4580万美元[6] - 已有118家客户商用公司的cOS解决方案,服务3010万台有线调制解调器[7] - 公司进行了9,000万美元的租赁资产减值和其他费用[39] - 公司进行了1,452万美元的重组和相关费用[39] - 服务提供商市场收入占总收入的75%,广播和媒体市场收入占25%[49] - 美洲地区收入占总收入的78%,EMEA地区占18%,APAC地区占4%[50] - 公司第二季度Broadband业务收入为1.974亿美元,同比增长21.1%,Adjusted EBITDA利润率为20.9%[64] - 公司第二季度Video业务收入为1.162亿美元,同比下降4.1%,Adjusted EBITDA利润率为1.1%[64] - 公司宽带业务2024财年调整后EBITDA预计为1.02亿美元至1.26亿美元之间[75] - 公司视频业务2024财年调整后EBITDA预计为0至0.5亿美元之间[75] - 公司2024财年调整后合并EBITDA预计为1.02亿美元至1.31亿美元之间[79] 财务状况 - 第二季度末现金余额为4590万美元[6] - 公司现金及现金等价物为4,585万美元[43] - 公司发行了1.15亿美元的长期债务并偿还了1.155亿美元的可转换债务[42] - 公司回购了3,005万美元的普通股[42]
Harmonic Announces Second Quarter 2024 Results
Prnewswire· 2024-07-30 04:05
Revenue of $138.7 million up 14% quarter over quarter at high end of guidanceReaffirming Broadband and Video Full Year Revenue GuidanceSAN JOSE, Calif., July 29, 2024 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2024."Our second quarter revenue was at the high end of our guidance range while profitability in both businesses exceeded our expectations," said Nimrod Ben-Natan, president and chief executive officer of Harmonic. "These results demon ...
Harmonic Appoints Neel Dev to its Board of Directors
Prnewswire· 2024-07-24 04:15
SAN JOSE, Calif., July 23, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it has expanded the company's board of directors with the appointment of Neel Dev."I'm delighted to welcome Neel to our board," said Nimrod Ben-Natan, president and CEO of Harmonic. "His extensive finance and operational leadership experience in the telecom and broadband industries make him an excellent addition, as we continue to drive profitable growth in our broadband and video businesses globally."Mr. Dev currently s ...
Paragould Municipal Utilities Leaps Ahead to XGS-PON with Harmonic
Prnewswire· 2024-07-23 20:00
Being Showcased at Fiber Connect 2024, Harmonic's cOS Virtualized Core Software and Pier OLT Shelf Enable 10G Connectivity, Third-Party ONU/ONT Support and Cost Efficiencies SAN JOSE, Calif., July 23, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Paragould Municipal Utilities in Arkansas, has selected Harmonic's industry-leading cOS™ broadband platform for high-speed fiber broadband delivery. Harmonic's cOS virtualized core software and Pier optical line terminal (OLT) shelf will simplif ...
Harmonic Unleashes Fiber Broadband Innovation at Fiber Connect 2024
Prnewswire· 2024-07-16 20:00
Harmonic to Showcase Versatile Fiber Solutions That Simplify Deployments and Generate Savings for Service ProvidersSAN JOSE, Calif. , July 16, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company will demonstrate its latest fiber broadband innovations for high-speed broadband service delivery at Fiber Connect 2024 in Nashville, Tennessee. Harmonic's market-leading cOS™ virtualized broadband platform and versatile portfolio of network edge devices enable service providers to simplif ...
Harmonic Announces Reporting Date for Second Quarter 2024 Results
Prnewswire· 2024-07-16 04:05
SAN JOSE, Calif., July 15, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its second quarter 2024 financial results after the market close on Monday, July 29, 2024. Harmonic will host a live webcast to discuss the Company's results at 2:00 p.m. PT on the same day.To participate via telephone, please register in advance using this link,https://register.vevent.com/register/BI0a4873336ead4b6c81df331d35635fb3.Upon registration, telephone participants will receive a confirmation ema ...
3 Overlooked Stocks on the Edge of an Unstoppable Surge
Investor Place· 2024-06-29 18:33
Amid the rush of mainstream investments, certain jewels in the stock market scene frequently go undiscovered. These three overlooked stocks are promising, but many investors remain unaware. Comprehending and recognizing this potential broadens investment portfolios and provides avenues for noteworthy expansion opportunities. These businesses represent this untapped potential. Understanding these businesses’ distinct advantages helps with investment decision-making and provides information on sector-specific ...
Harmonic (HLIT) Collaborates With 44p to Enhance UHD Playout
ZACKS· 2024-06-28 02:00
Harmonic Inc. (HLIT) announced that it had collaborated with 44p to revolutionize the video delivery infrastructure. This strategic partnership aims to optimize the distribution of Ultra High Definition (UHD) content and provide superior viewing experiences on a global scale.By leveraging Harmonic’s XOS media processor, 44p aims to achieve new levels of efficiency. This end-to-end software solution is capable of handling every aspect of 44p’s media processing chain. It can enhance the broadcast delivery thr ...
44p Selects Harmonic for Efficient UHD Playout, Media Processing and Distribution
Prnewswire· 2024-06-26 20:00
SAN JOSE, Calif., June 26, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that 44p, a Germany-based media production company, is elevating its UHD playout, media processing and distribution with Harmonic's XOS Advanced Media Processor. Leveraging the XOS media processor's unique cloud-native software foundation, complete playout feature set and next-gen media processing, 44p can efficiently deliver UHD broadcasts. "We provide top-tier media production services, from live sports to entertainmen ...
Third Harmonic Bio to Participate in the Jefferies Global Healthcare Conference
globenewswire.com· 2024-05-29 04:05
SAN FRANCISCO, May 28, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respiratory, and gastrointestinal inflammatory diseases, today announced that Chief Executive Officer, Natalie Holles, will participate in a fireside chat at the Jefferies Global Healthcare Conference on Wednesday, June 5, 2024, at 7:30 a.m. ET. A live audio webcast will be available within the Investors & Media section ...