Harmonic Inc. (HLIT) Q1 2024 Earnings Call Transcript

Apr. 29, 2024 8:40 PM ETHarmonic Inc. (HLIT) StockHLIT
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Q1: 2024-04-29 Earnings Summary

EPS of $0.00 beats by $0.01
 | Revenue of $122.06M (-22.57% Y/Y) beats by $434.50K

Harmonic Inc. (NASDAQ:HLIT) Q1 2024 Results Conference Call April 29, 2024 5:00 PM ET

Company Participants

David Hanover - Investor Relations
Patrick Harshman - President and Chief Executive Officer
Nimrod Ben-Natan - SVP and General Manager of Harmonic's Broadband Business
Walter Jankovic - Chief Financial Officer

Conference Call Participants

Simon Leopold - Raymond James
George Notter - Jefferies
Steven Frankel - Rosenblatt Securities
Ryan Koontz - Needham & Company
Tim Savageaux - Northland Capital Markets

Operator

Hello, and thank you for standing by. Welcome to the First Quarter 2024 Harmonic Earnings Conference Call. My name is Tawanda, and I will be your operator for today's call. At this time, all participants are in a listen-only mode [Operator Instructions]. Please note that this conference is being recorded. I will now turn the call over to David Hanover, Investor Relations. David, you may begin.

David Hanover

Thank you, operator. Hello, everyone. And thank you for joining us today for Harmonic's first quarter 2024 financial results conference call. With me today are Patrick Harshman, President and Chief Executive Officer; Nimrod Ben-Natan, Senior Vice President and General Manager of Harmonic's Broadband Business; and Walter Jankovic, Chief Financial Officer. Before we begin, I'd like to point out that in addition to the audio portion of the webcast, we've also provided slides for the webcast, which you may view by going to our webcast on our Investor Relations Web site. Now turning to Slide 2. During this call, we will provide projections and other forward-looking statements regarding future events or future financial performance of the company. Such statements are only current expectations and actual events or results may differ materially. We refer you to documents Harmonic filed with the SEC, including our most recent 10-Q and 10-K reports in the forward-looking statements section of today's preliminary results press release. These documents identify important risk factors, which could cause actual results to differ materially from those contained in our

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