News

Published on 19 Jun 2024 on Zacks · via Yahoo Finance

Harmonic (HLIT) Collaborates With 44p to Enhance UHD Playout


Article preview image

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 through AI-powered video compression, ensuring optimal quality for both HD and UHD channels, streaming live sports and entertainment. It also includes features such as audio loudness management, simplified cue tone processing, and flexible support for IP transport architectures. Additionally, the XOS media processor is set to provide 44p with a complete playout-to-delivery feature set, encompassing advanced branding with HTML-5 graphics and effects.Integrating advanced playout, cutting-edge AI video compression and one-to-many distribution in a single media processing solution should enable 44p to deliver unrivaled UHD quality video to its customers. The use of this advanced technology is likely to help the company in minimizing its costs as well.Harmonic, a global leader in virtualized broadband and video delivery solutions, revolutionized broadband networking via the industry's first virtualized broadband solution to help operators deploy gigabit Internet service to consumers' homes and mobile devices more flexibly.As consumer preferences evolve toward higher resolutions and richer content experiences, this collaboration between Harmonic and 44P highlights the growing importance of advanced video delivery infrastructure in the broadcasting industry. This collaboration is likely to  generate incremental revenues for Harmonic and strengthen its position in delivering innovative solutions across the broadcasting industry.Shares of Harmonic have lost 27.2% over the past year against the industry’s growth of 65.7%.

Zacks Investment ResearchZacks Investment Research

Image Source: Zacks Investment Research

NASDAQ.HLIT price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Zacks Industry Outlook Highlights Arista Networks, Corning and Harmonic

However, price volatility due to elevated customer inventory levels, high...the industry’s...

Zacks · via Yahoo Finance 2 Dec 2024

Is Weakness In Harmonic Inc. (NASDAQ:HLIT) Stock A Sign That The Market Could be...

With its stock down 12% over the past month, it is easy to disregard Harmonic (NASDAQ:HLIT)....

Simply Wall St. · via Yahoo Finance 15 Nov 2024

Harmonic Inc (NASDAQ:HLIT): A Bull Case Theory

We came across a bullish thesis on Harmonic Inc (HLIT) on ValueInvestorsClub by 4maps. In this ar...

Insider Monkey · via Yahoo Finance 20 Sep 2024

Harmonic (HLIT) Collaborates With 44p to Enhance UHD Playout

Harmonic Inc. (HLIT) announced that it had collaborated with 44p to revolutionize the video deliv...

Zacks · via Yahoo Finance 19 Jun 2024

Is Harmonic Inc.'s (NASDAQ:HLIT) Recent Stock Performance Tethered To Its Strong Fundamentals?

Harmonic's (NASDAQ:HLIT) stock is up by a considerable 29% over the past month. Since the market ...

Simply Wall St. via Yahoo Finance 26 May 2024

Insider Sale: CEO Natalie Holles Sells Shares of Third Harmonic Bio Inc (THRD)

Natalie Holles, Chief Executive Officer of Third Harmonic Bio Inc (NASDAQ:THRD), sold 20,222 shar...

GuruFocus.com via Yahoo Finance 10 May 2024

Stock market: What is the secret of the top performers?

The Mid Cap Marvels reached 0.54%, The Best of Buffett 0.67%, and bringing up the rear was S&P 50...

Investing.com 9 May 2024

Mirum's (MIRM) Q1 Earnings & Revenues Fall Shy of Estimates

Mirum Pharmaceuticals, Inc. MIRM incurred first-quarter 2024 loss of 54 cents per share, wider th...

Zacks via Yahoo Finance 9 May 2024

Harmonic Inc. (NASDAQ:HLIT) Q1 2024 Earnings Call Transcript

Harmonic Inc. (NASDAQ:HLIT) Q1 2024 Earnings Call Transcript April 29, 2024 Harmonic Inc. isn't o...

Insider Monkey via Yahoo Finance 1 May 2024

Royce Micro-Cap Trust (NYSE: RMT) as of Mar 31, 2024

All performance information reflects past performance, is presented on a total return basis, net ...

FOX 59 Indianapolis 26 Apr 2024