HLIT Harmonic Inc. gains 35% Aug 17, 2020

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable customers to create, prepare, and deliver a range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company operates in two segments, Video and Cable Edge. The Video segment sells video processing, and production and playout solutions and services to cable operators and satellite and telecommunications Pay-TV service providers, and to broadcast and media companies, including streaming new media companies. Its video processing solutions include network management and application software, and hardware products, such as broadcast and distribution encoders, contribution encoders, multiscreen transcoders and stream processing products, content preparation and delivery for multiscreen applications, decoders and descramblers, and management and control tools. This segment's video production platforms consist of video-optimized storage and content management applications, which provide broadcast and media companies with file-based infrastructure to support video content production activities, such as editing, post-production, and finishing; and video playout solutions, including media orchestration software that are based on scalable video servers used by broadcast and media companies to create and playout television channels. The Cable Edge segment offers cable edge solutions and related services, including Narrowcast Services Gateway products primarily to cable operators; and software-based CCAP solution. The company also provides technical support and professional services, such as program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.http://www.priceseries.com/trade/HLIT-Harmonic-Inc-stock-gains-35-percent-a-Trade-Record-by-priceSeries-2020071520200817.html