Harmonic Inc (NAS:HLIT)
$ 11.67 0.37 (3.27%) Market Cap: 1.36 Bil Enterprise Value: 1.39 Bil PE Ratio: 19.45 PB Ratio: 3.19 GF Score: 79/100
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Harmonic Inc at Barclays Global Technology, Media and Telecommunications Conference Transcript

Dec 12, 2019 / 09:00PM GMT
Release Date Price: $8.2 (+0.61%)
Timothy Patrick Long
Barclays Bank PLC, Research Division - MD

Okay. Thank you. Thank you for joining us. Tim Long here, IT, Hardware-Comm-Equipment Analyst at Barclays. We're happy to have Sanjay Kalra here from -- CFO of Harmonic with us on day 2 here. We'll start off, maybe Sanjay, give just kind of a little bit of an overview, a quick overview, and then we'll kind of live through some questions here.

Sanjay Kalra
Harmonic Inc. - Senior VP, CFO & Principal Accounting Officer

Sure. Thanks, Tim. Harmonic operates in 2 business segments. One is Cable Access and the other segment is Video segment. In Cable Access segment, we specialize in providing cloud-native services to cable companies so that they can provide gigabit services to their end customers for broadband. We are making significant progress in that. Virtualized CMTS is a technology which we've been working on from 2 years. We've seen significant growth in that segment in terms of revenues and number of customers and gross margins. And the second segment we work on is the Video segment. In the

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