Harmonic Revenues Drop 14% in Q2 as CableOS Deployments Rise
SAN JOSE, Calif. -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2019.
"We delivered solid second quarter results, while also strengthening our strategic positioning and long-term business outlook," said Patrick Harshman, president and chief executive officer of Harmonic. "Our CableOS program momentum accelerated with two new material customer commitments. On the Video side of our business, we continued to execute our OTT SaaS transformation while delivering another quarter of positive operating income."
Q2 Financial and Business Highlights